Effective tax planning requires a basic understanding of how tax and nontax factors impact individuals and businesses. Select and discuss one of the various tax planning strategies that represent the building blocks of tax planning: timing, income shifting and conversion. Provide a detailed example of how you could implement the strategy you selected for an individual tax client or the tax client's business. Be sure to present different examples than those of your classmates. In your responses discuss if you agree or disagree with your classmates plan and why