As the year draws to a close, it's time to squeeze in some tax deductions and credits that might save you money come April 15. If you are looking to reduce your tax liability, here are some 2011 year end tax planning tips.

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To reduce tax liability, it's a good idea to engage in some tax planning that will help you pass on more of your estate -- including the value of your small business. If you are ready to take some serious tax planning, there are tax breaks until 2013

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People hate paying tax! But tax planning is also misunderstood so I thought I would share some of the common misconceptions I hear over and over again.

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Tax planning is about looking into the future where tax preparation is about looking in the past. Here's 10 important tax planning ideas.

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Your evergreen tax breaks, like mortgage interest, certain retirement contributions and charitable donations, should be considered. But you should also plan for some other tax breaks that will be offered just this year.

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