5 Tax Free Income IRS Cannot Touch

As per the tax code applicable in the United States of America, there are certain types of income that are not taxable at all. If you be a little creative and take some actions in advance, you can turn certain part of the compensation you receive from your employer into a tax free income. There are plenty of ways to make your compensation nontaxable. So, get ready if you are due for a raise. Following is a brief rundown on five wonderful alternatives to taxable earned income.