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Bookmark or Share- Loophole Helps Billionaires Skip Medicare Taxes | DCReport.orgThe Medicare tax loophole occupies a gray area. The IRS definitely knows about it, but it’s unclear if the agency will be able to stop it. The potential of the loophole first surfaced in the 1990s, and the IRS soon expressed the view that active business owners shouldn’t be allowed to exploit it. It was only in recent years, however, that ...
- How the rich avoid taxes using loopholes available only to them - USA TODAYAccording to U.S. Treasury estimates, the top 1% of wealthy people underpay their taxes by $163 billion annually. 1. Foundations: Some begin with as little as $250,000, but a more feasible...
- Tax Loopholes That Could Save You Money - SmartAssetTax loopholes help taxpayers save money on their income taxes. Here are some loopholes in America's tax system that could save you money.
- 11 Tax Loopholes That Could Save You Thousands - GOBankingRatesRegardless of your income level, plenty of tax loopholes exist that you can use. From educational credits to savings on retirement contributions, there are likely deductions or savings that are relevant to you. Use this list as a starting point and see how much you can save.
- 11 Tax Loopholes That Could Save You Thousands - Yahoo FinanceTax loopholes are simply legal ways to use the tax code to save yourself money. Different loopholes exist for different levels of income. Whether your income level is low,...
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