Don't let the first quarter end without maximizing your tax deductions. Take the time to review your finances, consult with a professional, and implement a tax-saving strategy.

Tax deferral allows you to postpone paying taxes on certain income until a later date, which can help you manage cash flow and potentially reduce your overall tax burden. Let's examine some of the best strategies to consider.

Minimize your tax bill with some smart planning that will leave more money in your pocket come April 15.