Taxes are a pain, it is true, but they are also a necessity when you consider all of the work that needs to be done to keep our country running. Personally, the tax which I hate the most is income tax. When I see how much gets taken out of my paycheck I feel like I am being punished for trying to survive. Most states, 43 of them in fact, and most localities impose income taxes in the United States. Therefore, there are few places that you can run to that income tax will not follow The plus side here is that all governments also offer tax exemption for certain incomes, certain properties, and certain people.
The key is to find out which taxes you are exempt from and then taking advantage of those exemptions. At the same time, you must make sure that you are still operating within the law. Claiming an Continue reading