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John owns a business, he hired his wife to perform basic bookkeeping work for four hours a week at an annual salary of $75,000, which
John owns a business, he hired his wife to perform basic bookkeeping work for four hours a week at an annual salary of $75,000, which he deducts as a business expense. Business has over $200,000 of annual taxable income and wants to reduce his overall tax burden. Which activity best describes Jason's actions? Question 26 options: Tax evasion Tax planning Tax avoidance Tax minimization
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