They were gonna talk about tax deferral strategies, and so this is a way that you can actually defer your taxes until a later date. It's not quite as good as a tax deduction, but it is still powerful in terms of saving taxes. First thing I want to get into is retirement plans, and I think a lot of you know retirement plans. You put money into a retirement plan, and you then actually don't have to pay tax on those dollars until you pull the money out. It could be a 401k, it could be a simple IRA, or it could be a defined benefit plan, among other things. The second way is for you business owners deferring income accelerating expenses. This is a common one you've probably already heard, but I'm still going to repeat it for you newbies. So, when you get to year end, if you're having a good year, you might want to kind of defer your Billings maybe some until next year, so you get receipts in the next year because they'll count for next year's income. And you might want to prepay some of your January expenses actually in December to get a tax deduction. That's if you're a cash basis business owner. Low turnover investments is another one, and if you have a mutual fund or an index fund, take a look at the turnover percentage because that will tell you how often the investments inside the fund are bought and sold. What you're looking for is one with a small percentage, like 10% or something like that, which means they're only buying and selling 10% of the stocks or bonds each and every year. So, there's not a lot of gain on sale. On the other hand, if you see a...
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