Forbes has published an article, “How To Make $1 Million Dollars And (Legally) Pay Zero Taxes,” which discusses the ways that wealthy taxpayers can legally mitigate their tax liability. The summary is as follows:
Though many are trying to put a political spin on Trump’s low tax bill, the issue really transcends politics. The reality is paying no income tax on a high income is not only common, but it’s also perfectly legal in many cases.
In fact, there are multiple ways a wealthy individual can avoid paying the federal income tax.
Click here to see full article: “How To Make $1 Million Dollars And (Legally) Pay Zero Taxes”
Posted by Elise Kim, Managing Associate Editor, Wealth Strategies Journal.