2006 Report On Tax Scams Released By Irs

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For my wife, she was paid $54,187, which she is not taxed on for Social Security or Healthcare. She has to put 14.82% towards her pension by law, making her federal taxable earnings $46,157. People hate paying duty. Tax avoidance strategies are entirely legal and should be made good use of. Tax evasion, however, isn't. Make sure you know where the fine line is.