There is something unnerving about tax planning, which causes the smartest of people to not make it work in the most optimum way for them. People tend to address tax savings in isolation instead of aligning it with their financial goals. By doing so, they miss out on extracting the maximum from the tax savings options available to them. However, this year things will be different given the many changes in tax rules that could help you plan your taxes than cut the chase to previous quarter.