Strategies for Protecting Your Income from Taxes

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:  Mar 14, 2021

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