The objective of tax planning is to get a large refund at filing time.

Name: The objective of tax planning is to get a large refund at filing time.
Brand: Quizplus
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Quizplus · Accepted Answer

The objective of tax planning is not necessarily to get a large refund at filing time, but rather to minimize the amount of taxes owed while staying within the bounds of the law. A large refund could result in overpaying taxes throughout the year, which is not the most efficient use of funds.

The Objective of Tax Planning Is to Get a Large