The 1% richest individuals in the world have access to resources and strategies that the average person may not be aware of to minimize their tax liability. Here are five secret tax tricks that the 1% use:

1. Hire a tax professional to ensure you’re following the law: The 1% understand the importance of having a team of experts on their side. They hire tax professionals to make sure that they are following the law and taking advantage of all deductions and credits that they qualify for.
2. Create an LLC for your business: Many wealthy individuals choose to create an LLC (Limited Liability Company) for their business. LLCs provide the personal liability protection of a corporation while allowing the business owners to take advantage of pass-through taxation. This can save them a significant amount of money on taxes.
3. Invest in stocks or bonds that pay dividends: The wealthy often invest in stocks or bonds that pay dividends, which are taxed at a lower rate than regular income. This can help them save a significant amount of money on taxes.
4. Pay off high-interest debt before filing taxes: The wealthy often make a point to pay off high-interest debt before filing their taxes. This is because the interest paid on high-interest debt can be tax-deductible, which can help them save money on taxes.
5. Donate money to charity: The wealthy often choose to donate money to charity. Not only does this give them a sense of fulfillment and contribute to causes they care about, but it also allows them to claim charitable contribution deductions on their taxes.
   It is worth noting that these strategies are legal and are used by many individuals and businesses, not just the 1% richest. However, it’s important to keep in mind that tax laws and regulations can be complex and ever-changing, and it’s always a good idea to consult with a tax professional before making any decisions about your taxes.
   

In conclusion, the 1% richest individuals in the world have access to resources and strategies that the average person may not be aware of to minimize their tax liability. By hiring a tax professional, creating an LLC for your business, investing in stocks or bonds that pay dividends, paying off high-interest debt before filing taxes and donating money to charity, you can take steps to reduce your tax bill and keep more of your hard-earned money.