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3 Facets Of Taxes For Online Businesspeople: Difference between revisions

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Latest revision as of 18:47, 2 September 2026


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Congress finally acted on New Year's Day, passing the "fiscal cliff" legal guidelines. This law extended the existing tax rate structure for single taxpayers with taxable income of less than USD 400,000, and married taxpayers with taxable income of less than USD 450,000. For those with higher incomes, the top tax rate was increased to thirty-nine.6% These limits are determined before a foreign earned income exception to this rule.

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