What does sus mean in the ancient Greek language? (I... show more It is commonly seen in the names of Greek Gods, like Dionysus, Pegasus, and many many more. Why do so many end in the suffix -sus? What was the significance to them in ending so many of their Gods' names in -sus?
CHAPTER 12 â¢ â¢ The primary purpose of effective tax planning is  to maximize the taxpayerâs after tax wealth. â¢ The secondary objective of effective tax planning is to reduce or defer the tax in the current tax year. Specifically, this objective aims to accomplish one or more results including: eliminating the tax in the current year; deferring the receipt of income; proliferating taxpayers; eluding double taxation; avoiding ordinary income; and creating, increasing, or accelerating deductions.
Tax Planning Law and Legal Definition. Tax planning involves conceiving of and implementing various strategies in order to minimize the amount of taxes paid for a given period. For a small business, minimizing the tax liability can provide more money for expenses, investment, or growth. In this way, tax planning can be a source of working capital. Two basic rules apply to tax planning. First, a small business should never incur additional expenses only to gain a tax deduction. While purchasing necessary equipment prior to the end of the tax year can be a valuable tax planning strategy, making unnecessary purchases is not recommended.