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Time Still Remains To Make Tax Plans
Series from the Journal-World on year end tax planning with CPA guidance. The piece urges Dec 31 action to shift income and deductions between 1957 and 1958 to minimize taxes. It covers cash basis taxpayers farmers and special situations like income splitting and joint returns. It notes shifting income can lower overall brackets and cites examples of savings and future reporting rules.
MENTIONED IN THIS ARTICLE
Journal-World
Organizations of Certified Public Accountants
Internal Revenue Service
U. S