6 Strategies to Protect Income From Taxes

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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.

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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