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Planning to Cut Income Tax Bite in 1969
Extension specialist Alan Reichardt explains income leveling to shift expenses or sales before year end or into the next year. The method helps farmers use deductions and exemptions, showing how Farmer B reduced two year taxes by planning ahead and staying in the 17 percent bracket.
MENTIONED IN THIS ARTICLE
Alan W. Reichardt
Texas A&m University Research and Extension Center
Weslaco
Farmer B
Farmer A
Reichardt