Who said only rich could find loopholes in the tax system? There are several loopholes and advantages that people like you and me can benefit from.
For instance, did you know you could write off an amount given to a friend if they refuse to pay it back? Be it allowing a deduction that lowers our amount of tax money or simply a tax credit, here are the best and most ridiculous tax loopholes in the system.
Take a look.
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