I'm in a situation where I need to defer as much interest income as possible to the next year for tax reasons. Would like to know what are the different ways of doing that?
For example, in doing some research on CDs, my understanding is that interest (and tax reporting) on a CD of 1 year or less can be deferred provided all of it is paid as a lump sum at the end of the term. Is this correct?
If so, where would I be able to find such a CD because almost all of the CDs I looked at pay interest on a monthly basis?