By Carole Feldman, The Associated Press Donald Trump’s acknowledgement last fall that he had not paid federal income tax in years left some questioning why they should have to pay taxes. “I think you pay taxes because it’s the right thing to do,” National Taxpayer Advocate Nina Olson said. But that doesn’t mean you don’t take tax benefits to which you’re entitled. “It’s easy to point to some of the provisions that you may feel are in the law that are written to let some people pay zero taxes and ignore that you are getting significant benefits delivered to you through the Internal Revenue code to you, yourself,” she said. Among those: “If you’re an employee, you might be benefiting from employer-provided health insurance or tax-deferred retirement savings,” she said.
Comment on Tax Advocate: Use tax breaks you’re entitled to
The Associated Press, Denver Post: Business
Sun, 01/22/2017 - 12:03am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more