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The main objective of tax planning for Certified Public Accountants (CPAs) is to minimize tax liabilities through strategic planning. This involves analyzing a client's financial situation and employing various strategies to reduce the amount of taxes owed. By understanding the tax laws and leveraging deductions, credits, and other tax-saving opportunities, CPAs aim to optimize their clients' tax positions while ensuring compliance with tax regulations.

Effective tax planning can lead to significant tax savings, making it a key responsibility for CPAs. It involves forecasting future tax obligations based on current financial data and potential changes in tax law, thereby allowing individuals and businesses to make informed financial decisions that consider their tax implications. Through this proactive approach, CPAs are not only focused on the current tax year but are also planning for future years to minimize the overall tax burden on their clients.

While ensuring compliance with tax regulations, preparing for audits, and enhancing revenues can be elements of a CPA's responsibilities, the central focus of tax planning specifically aligns with minimizing tax liabilities. This goal embodies the strategic nature of tax planning, emphasizing the long-term financial benefits it affords clients.