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15 Minutes of Finance

The Tax Plan: Debunking the myth of "moving up a tax bracket" and mastering timing of income recognition to lower taxes

07 Oct 2024

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Send us a textThe Tax Plan walks you through various tax planning strategies to help you keep more of your hard earned money. Today, we discuss the myth of how earning more money can "bump you up a tax bracket." Learn how marginal tax rates ACTUALLY work, and learn tips on how to time income recognition of bonuses, investments, etc to lower your tax bill!

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