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Sometimes, that becomes even more imp. There's your tax rate and there's your effective tax rate, which is the actual amount of federal income taxes paid on an individual's taxable income. Tax exemptions can apply to a portion of an individual's income or to the nature of an organization. Let's say jane smith gives her son john $25,000 because john is going thro. The internal revenue service has a computer program, the discriminant inventory function system (dif), that.
The internal revenue service has a computer program, the discriminant inventory function system (dif), that.
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