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If tax rates are decreasing, a general planning strategy to consider would be the following and explain why : taxpayers should accelerate income taxpayers should

  1. If tax rates are decreasing, a general planning strategy to consider would be the following and explain why:

  1. taxpayers should accelerate income
  2. taxpayers should defer deductions
  3. taxpayers should defer income
  4. taxpayers should defer deductions and accelerate income
  5. None of the choices are correct

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