SEE-1 - Advising the Individual Taxpayer - Section 5.1

Apply year-end tax planning strategies including income timing, deduction acceleration, withholding adjustments, and retirement contribution optimisation.

Apply year-end tax planning strategies including deferring income into the next year, accelerating deductible expenses, adjusting withholding on Form W-4 to avoid penalties, and maximising pre-tax retirement contributions. Weigh the trade-offs between contributing to a traditional versus Roth account given a client's current and expected future marginal tax rates.

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