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Tax Trivia: Avoiding Taxes

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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?

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2 Comments

  1. Howard moved into hotels and then moved frequently to avoid paying State Income Taxes

  2. Hughes donated all his stock in Hughes Aircraft to the Howard Hughes Medical Institute, thereby turning the military contractor into a tax-exempt charity.

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