How to avoid paying taxes - Visualized

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Ok, this only applies if you are significantly wealthy.
D'you have - at least - three commas in your checking account balance?  If not, don't bother reading this...
How The Super Rich Avoid Paying Taxes
Source: TopAccountingDegrees.org

Comments

Anthony D. said…
Some of it could function for us with <6 commas in our salary.

Some can participate in deferred compensation. An interesting loophole I've seen involves a health savings account that's taken out pre-tax, accumulates interest, and if unused by 65, can be withdrawn completely tax free.

The gifting and donations area is accurate. I just never thought of buying items and hoping they get appraised for a greater value, then donating them.

Good article
April 16, 2013 at 9:19 AM
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