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Myths and popular beliefs in personal tax Part 2
With Tax Day on the horizon, tax tips, tricks, and hacks are being shared more than ever. From making charitable donations to incorporating and running everything through a company, word on the street is that the wealthy use particular tax strategies to minimize the amount of tax they owe.
But while it might be tempting to try them, making the wrong decision about your taxes is an expensive mistake that can cost you many times more than what you would have paid initially.
To help make sure you’re on the right track, tax specialist Réginald Pierre-Louis is back for part two of our tax myth…
The skinny
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