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Plan ways to lower taxable income. For example, examine if your employer is for you to issue your bonus at the first of year instead of year-end or if perhaps you are self-employed, consider billing client for are employed in January as opposed to December. If the government decides that pain and suffering isn't valid, then this amount received by the donor may be considered something. Currently, there is a gift limit of $10,000 per year per people.
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