Tax Traps for the Unwary and Uninformed

One of the often overlooked problems of looking for ways to avoid taxes (legally) is that there are a mind boggling assortment of traps and pitfalls in the tax law. They are a lot like the land mines in a World War II battlefield.  The following are some of the traps that I have encountered in trying to help taxpayers to reduce their taxes. And ... instead of  writing about a variety of them all at once, I will add to this list as I have time.

The Employee vs. Independent Contractor Trap




 
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Vernon K. Jacobs, CPA



 
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