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  2. The 4 craziest ways people have legally avoided paying taxes

    www.aol.com/article/finance/2018/01/22/the-4...

    Here are three options to legally avoid paying taxes: 1. Qualify for Tax Credits. Many people don’t realize that a tax credit is the equivalent of free money. Tax deductions reduce the amount of ...

  3. How To Avoid Paying Taxes Legally — and the 11 ... - AOL

    www.aol.com/finance/avoid-paying-taxes-legally...

    If you want to avoid paying taxes, you’ll need to make your tax deductions equal to or greater than your income. For example, using the case where the IRS interactive tax assistant calculated a ...

  4. 12 Tax Breaks That Allow The Rich To Avoid Paying Taxes - AOL

    www.aol.com/tax-tricks-loopholes-only-rich...

    6. Sell Real Estate You Inherit. If you inherit a piece of property, you can minimize the capital gains taxes by taking advantage of the “step-up in basis.”. Normally, if you buy a piece of ...

  5. Zazzle - Wikipedia

    en.wikipedia.org/wiki/Zazzle

    Zazzle is an American online marketplace that allows designers and customers to create their own products with independent manufacturers (clothing, posters, etc.), as well as use images from participating companies. Zazzle has partnered with many brands to amass a collection of digital images from companies like Disney, Warner Brothers and NCAA ...

  6. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state, and local governments amounted to 25.5% of GDP, below the OECD average of 33.5% of GDP. [1]

  7. Taxation of digital goods - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_digital_goods

    In the meantime, several countries led first by the European Union have begun to propose and implement digital services taxes (DSTs) which have a number of aims: [3] to raise tax revenues; to put pressure on other countries – in particular the United States – to reach an agreement; [9] and, arguably, [10] to create a level playing field until the OECD/G20 framework reaches an agreement or ...

  8. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    For federal individual (not corporate) income tax, the average rate paid in 2020 on adjusted gross income (income after deductions) was 13.6%. [1] However, the tax is progressive, meaning that the tax rate increases with increased income. Over the last 20 years, this has meant that the bottom 50% of taxpayers have always paid less than 5% of ...

  9. Can You Go To Jail For Not Paying Taxes? - AOL

    www.aol.com/jail-not-paying-taxes-221349170.html

    Yes, the IRS can send you to jail for not paying your taxes. However, there are extenuating circumstances where you could have a valid reason not to pay your taxes such as insufficient funds where ...

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