Strategies for Protecting Your Income from Taxes

Author: External Author | | Categories: Accountant , Accounting , Accounting Firm , Bookkeeper , Bookkeeping , Business Accounting , CPA , Filing Taxes , Personal Accountant , Tax Planning

Income is taxed at the federal, state and local levels, and earned income is subject to additional levies to fund Social Security and Medicare, to name a few. Taxes are difficult to avoid, but there are many strategies to help ward them off. Here are six ways to protect your income from taxes.

Original Article Source Credits: investopedia, https://www.investopedia.com

Article Written By: MICHELLE P. SCOTT

Original Article Posted on: Dec 19, 2020

Link to Original Article: https://www.investopedia.com/articles/personal-finance/032116/top-6-strategies-protect-your-income-taxes.asp

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