Understanding How Tax Planning Affects Your Personal Finances Is Actually

Understanding how tax planning affects your personal finances is actually important for most taxpayers, not just the wealthy, because

A) many people don't take advantage of all the deductions and tax credits they are entitled to.
B) many people pay higher taxes or receive smaller refunds than they need to.
C) the average American spends close to one-third of the year earning the money necessary to pay his or her taxes.
D) Only choices A and B
E) All of the above choices