How Does Tax Relief Work: Difference between revisions
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Revision as of 00:53, 5 February 2025
A disgruntled ex-employed call the state, reported my family's glass business for sales tax evasion. One of several local state sales tax auditors called plan some time to pore through our books.
A personal exemption reduces your taxable income so you end up paying lower taxes. You most likely are even luckier if the exemption brings you using a lower income tax bracket. For the year 2010 it is $3650 per person, identical to last year's amount. During 2008, the number of was $3,500. It is indexed yearly for rising prices.
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