I see a lot of financial advisers saying to take income this year (bonuses, capital gains etc) to avoid tax hikes coming next year but I've never heard any advice on this. I made a relatively large (for me) purchase and have the option of paying when I'm ready. So, if income should be taken this year, it stands to reason expenses should be delayed to next year so as to make taxable income less. It would seem that this would also include equipment purchases. Any accountant types here to show me how I'm wrong?
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