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Estimate your gross pay. Monitor the tax write-offs that you might be able declare. Since many of them are based upon your income it is nice to plan in advance. Be sure to review your earnings forecast for the past part of the season to determine income could shift from one tax rate to a second. Plan ways to lower taxable income. For example, verify that your employer is for you to issue your bonus at the first of the year instead of year-end or maybe if you are self-employed, consider billing client for work in January as opposed to December.

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