High Earners Paid No Federal Income Tax
Posted on June 12, 2012 at 12:55 PM EDT
A new report from the IRS shows that nearly 21,000 American households with incomes of $200,000 and up didn't owe federal income taxes. If you're like me, your first question is: How can that be? Your possible next question: Can I get that kind of tax treatment? Tax experts say it's not that difficult to avoid owing federal income taxes....