The Daily Money: How rich Americans avoid taxes

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The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Tuesday, September 29 It's Tuesday, Daily Money readers, but more importantly it's also National Coffee Day. Why is this so important right now? It means you can get free coffee. You're welcome. Now, let's get to the big headlines in Money and Tech. Let's start with the biggest news story of the moment: President Trump's tax returns. The report detailing Trump's returns has exposed the strategies many rich Americans employ to avoid paying their taxes. Before you go rushing to review last tax season's 1040 forms to figure out what you missed, just know that many Americans can't take advantage of the tax strategies used by the wealthy.  Finally, everyone loves second chances. And it could even apply to Americans who took their Social Security benefits early. Need more Money and Tech news? Keep scrolling. Brett Molina, Money/Tech editor How rich Americans avoid taxes Like President Donald Trump, rich Americans often deploy sophisticated tax avoidance strategies to maximize their wealth. Here are a few. Trump's tax returns has everyone talking taxes Did you take Social Security too early? Here's what to... How to get a smartphone for under $300 Did Trump use Facebook to suppress Black vote in 2016? Get free coffee, deals at Dunkin', Starbucks and more... Microsoft 365 Office programs hit with outage Planning for retirement? Invest in dividend-paying... How long will low mortgage rates last? Here's how much teachers are underpaid in each state   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2020 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102