Vance & Associates, LLC - Certified Public Accountants
Tax Services
Tax avoidance , not to be confused with tax evasion, is the perfectly
legal effort by individuals or businesses to take those steps necessary to
reduce taxes. As a result, anyone interested in minimizing their tax
liabilities in the United States should take their cue from a 1947 opinion
by Justice Learned Hand: "Over and over again courts have said that there is
nothing sinister in so arranging one's affairs so as to keep taxes as low as
possible. Everybody does so, rich or poor, and all do right, for nobody owes
any public duty to pay more than the law demands: taxes are enforced
exactions, not voluntary contributions. To demand more in the name of morals
is pure cant."
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