Tax planning is an essential part of an individual investor’s financial plan. Tax planning is the analysis of your financial situation or financial plan to ensure that all elements work together to help you to pay the lowest taxes possible. A financial plan that minimizes how much you pay in taxes is referred to as tax efficient. Tax planning should be an essential part of an individual investor’s financial plan. FinStream TV has streaming videos featuring CPA’s and CFP’s to help improve your understanding of tax planning.