Difference between revisions of "Smart Tax Saving Tips"

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Revision as of 02:31, 22 October 2024

The IRS has set many tax deductions and benefits into position for tax payers. Unfortunately, some taxpayers who bring home a higher level of income can see these benefits phased out as their income increases.

The more you earn, the higher is the tax rate on what we earn. In 2010-you have six tax brackets: 10%, 15%, 25%, 28%, 33%, and 35% - each assigned in order to some bracket of taxable income.

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