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Revision as of 14:16, 5 March 2025
Every year, the internal revenue service issues a involving tax scams. The goal is to alert taxpayers to the possible lack of merit of certain strategies as well as letting everyone know the IRS will not accept them.
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In summary, you dollars in business enterprise and hold it in passive successful assets using good leverage, velocity of cash and compound interest.
For example, most people will fall in the 25% federal tax rate, and let's suppose that our state income tax rate is 3%. That gives us a marginal tax rate of 28%. We subtract.28 from 1.00 getting off.72 or 72%. This mean that a non-taxable interest rate of a few.6% would be the same return being a taxable rate of 5%. That was derived by multiplying 5% by 72%. So any non-taxable return greater than 3.6% may be preferable together with a taxable rate of 5%.
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