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Our next tax trivia question is:
What did eccentric millionaire Howard Hughes do in order to avoid paying state taxes in California?
Don’t forget: the first correct answer wins free CCH tax prep software.
What’s your guess?
Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money in plain English.
(Editor’s Note: We have a winner from among our FB fans and reader comments below! Congrats Lynda!) As it turns out, I have one more TurboTax software package to give away since one of our winners has graciously offered to return his prize (he’s already done his taxes – smart guy!). Since it’s Friday and…
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UPDATED: We have a winner! Congratulations to Karyn! I will be in touch! You can win a taxgirl mug (perfect for hugging while you read taxgirl.com in the morning) and a pound of coffee. To qualify for the giveaway, just answer this question in the comments below: Did you attend your high school prom (feel…
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Howard moved into hotels and then moved frequently to avoid paying State Income Taxes
Hughes donated all his stock in Hughes Aircraft to the Howard Hughes Medical Institute, thereby turning the military contractor into a tax-exempt charity.