Not that you would do any of these, but you can relate them to the Three Stooges: they’re funny, fun, and always put smiles to your faces; but when you think about them, the first thought is, “Wow, really?”
Cover of The Three Stooges
These are three tax breaks that you might consider but not always go for –
Tax Break 1
Charitable Donations
It’s hard to understand why you actually get a tax break just from donating stuff, but you do. Anything with value that you own — be it a car, stereo, even a house — can be deducted from your taxes if you donate it to an individual or company. The question is this — do you want to do that?
Tax Break 2
Buy a House
It’s amazing to know that owning a house actually benefits your taxes — simply because owning a house stimulates the economy, particularly the housing industry. However, it’s such a big responsibility to own a house — why not rent? So much simpler!
Tax Break 3
Adopt a Child
That may be the most outrageous one…. The situation, of course, has to be right for you! Not everyone wants a child in that manner, but if you happen to want a tax break and a child at the same time, maybe you’d consider adoption, thanks to the adoption tax credit.
Pretty Outrageous?
We think so. But that’s America for you: the Land of “Outrageous Opportunity.” A land where you can basically get money from nothing!
