To Minimize Taxes Owed,you Should Do the Following If You

question 2

Multiple Choice

To minimize taxes owed,you should do the following if you expect to have a higher tax rate next year:

• A)Accelerate the receipt of income into the current year.
• B)Delay the receipt of income until next year.
• C)Accelerate deductions into the current year.
• D)Get a loan for the additional taxes
• E)Quit work at the end of the current year

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Definitions:

Retail Salesperson

This individual sells goods or services to customers for their personal, nonbusiness use.

Direct Question

A straightforward query aimed at receiving a specific piece of information from the respondent.

Participative

Participative refers to a style or approach that involves taking into account or involving input from all those who are affected by or have an interest in a particular decision or policy.

Rephrasing

The act of expressing the same idea or message in different words, often used to clarify or emphasize sales points.