Schultz, Ellen
October 1988
Fortune;Fall1988 Special Issue, Vol. 118 Issue 10, p129
The article provides tips for taxpayers to consider to cut one's taxes in the U.S. Tax experts are calling clients to take as much income as possible in 1988 and 1989, and to postpone deductions to 1990. It is appropriate to pay off one's debts to take advantage of the decreasing deductibility. Capital gains can be used to offset ordinary income up to $3,000 annually.


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