“We don’t pay taxes. Only the little people pay taxes.”
— Leona Helmsley
Hotel tycoon (and convicted tax evader) Leona Helmsley might have thought that she didn’t have to pay taxes, but she was wrong. Anyone in America with income is likely to owe income taxes. Still, while you probably can’t avoid paying taxes (legally!), there are lots of permissible ways to reduce what you owe through the use of tax deductions.
Image source: Getty Images.
“We don’t pay taxes. Only the little people pay taxes.”
— Leona Helmsley
Hotel tycoon (and convicted tax evader) Leona Helmsley might have thought that she didn’t have to pay taxes, but she was wrong. Anyone in America with income is likely to owe income taxes. Still, while you probably can’t avoid paying taxes (legally!), there are lots of permissible ways to reduce what you owe through the use of tax deductions.
Image source: Getty Images.