Every year, the internal revenue service issues a associated with tax scams. You can be is to alert taxpayers to the lack of merit of certain strategies as well as letting everyone know the IRS will not accept them.
What it is actually accepted as your 'income' tax has two tax brackets each featuring a own tax rate from 10% to 35% (2009). These rates are used for your taxable income which is income for over your 'tax free' benefit.
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