Based on the case in chapter 4, A Single Father’s Tax Situation, and unit 4 reading, compose a narrative essay (minimum 1000 words) describing the importance of tax planning. How do varying circumstances influence tax planning decisions (i.e. income, business ownership, estates)? How would you advise the client in this case?
Use at least three scholarly sources and remember to demonstrate a thorough understanding of the READ and ATTEND sections in your essay. Cite your sources in APA format.
Textbook(s) Kapoor, J. R., Dlabay, L. R., Hughes, R. J., & Hart, M. M. (2019). Personal finance (13th ed.). McGraw-Hill Education.