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Which is the first activity in the project planning phase?
Extension
An allowance for additional time granted by the IRS to file tax returns beyond the original due date.
Charitable Contribution
A donation or gift to a qualified organization that is eligible for a tax deduction.
Adjusted Gross Income
An individual's total gross income minus specific deductions, used to determine taxable income on an income tax return.
FMV
Fair Market Value, which is the price that an asset would sell for on the open market between a willing buyer and a willing seller.
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