Confused about taxes? Learn the difference between tax brackets and your effective tax rate. Grab last year's return, find your total tax and taxable income. Divide them—that's your effective rate! Business owners: multiply your profit by that rate to estimate taxes owed. Plan ahead! #Taxes #TaxTips #TaxBracket #EffectiveTaxRate #BusinessTaxes #FinancialPlanning | G F Business & Financial Consulting LLC
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