If tax rates will be higher next year, taxpayers should accelerate their deductions regardless of their after-tax rate of return.A. TrueB. False

Respuesta :

Answer:

False

Explanation:

When tax rates are expected to DECREASE, then taxpayers should accelerate tax deductions and defer taxable income to later years. If taxpayers accelerate their deductions, they will maximize the present value of tax savings.  If taxpayers defer taxable income they will maximize the present value of the taxes they pay.