The rich in America use tax breaks to avoid taxes, don't they???
Yes and no. Although the wealthiest Americans take advantage of sophisticated tax planning services to reduce their taxes, they still pay a bunch. 99.7% of Americans making over $1 million paid federal income taxes averaging 27% of their earnings last year. The average American paid 18% of their income in federal income taxes.
We can help you reduce what you pay. As always, please call (949) 683-8111 or email us at info@southcountycpa.com if you have any questions. We are here to help.
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