KUHF Conversations: Peter Blank
by: Andrew Schneider, April 12, 2011 5:04:00 pm
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The New York Times recently reported that GE managed to avoid paying taxes entirely for the past two years, despite reporting billions of dollars in profits. Not everyone has GE's legions of attorneys and accountants. That's leading some filers to get creative in an effort to hold down their tax bill. From the KUHF Business Desk — Andrew Schneider spoke with Peter Blank, editor of The Kiplinger Tax Letter, about some of the craziest deductions people have tried to slip past the IRS.