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The tax rates are as shown. Taxable Income Tax Rate $0 - 50,000 15% 50,001 75,000 25% 75,001100,000 34% 100,001 335,000 39% Your firm
The tax rates are as shown. Taxable Income Tax Rate $0 - 50,000 15% 50,001 75,000 25% 75,001100,000 34% 100,001 335,000 39% Your firm currently has taxable income of $81,000. How much additional tax will you owe if you increase your taxable income by $22,200?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
