Put off until January signing a contract on property you're selling at a gain. Contribute more to retirement plans. If you have self-employment income, open a Keogh. Or, you may wish to explore a charitable estate gift that offers income to you and your family members for life. Watch out for mutual fund payouts.
Most stock funds make capital gains and income distributions near year end.
If you wait to buy a fund until right after a distribution is declared, the share price will drop by an equivalent amount and the distribution won't be taxed on your 1992 return. Call the fund and find out when it's going to declare. Make use of capital losses. Off-set capital gains you've realized on securities during the year by taking some capital losses. Lock in stock profits.