Income Deferral Strategies (2025)

Deferring income to a later year can help manage tax brackets, credits, and surtaxes. Common techniques include timing bonuses, deferring consulting or contract income, and maximizing retirement deferrals.

Considerations

• Estimate your expected income next year before deferring.
• Coordinate with employers or clients on pay timing and agreements.
• Be mindful of cashflow and any year-specific changes to tax law for 2025.

Consult a tax advisor before making large deferral decisions; verify 2025 tax brackets and rules that could affect the benefit.