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Latest revision as of 03:33, 21 September 2024

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There's a change between, "gross income," and "taxable income." Gross income is simply how much you actually make. taxable income is what federal government bases their taxes in. There are plenty of an individual can subtract from your gross income to give you a lower taxable income. For most people, the actual game is to purchase and use as they're as possible, so you will minimize your tax disclosure.

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