KUHF Conversations: Peter Blank
by: Andrew Schneider, April 12, 2011 12:04:00 pm
Update Required To play the media you will need to either update your browser to a recent version or update your Flash plugin.
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.