The rules governing tax exemption in the United States are numerous and diverse. It can be a fine line between legally reducing your tax burden and playing fast and loose with the law. Test your knowledge of exemptions in this quiz.
A gift of $12,000 to your daughter to buy a designer prom dress?
A business for disposing of human remains?
A trip to Egypt with your college alumni association?
A Siamese cat appreciation society?
An employment agency?
A Christian social club?
A lobbying group?
A prize you won in a raffle?