What type of tax rate structure does the us tax system apply


Discussion:

In order to prepare the new staff for the upcoming tax season, you have decided to hold 1-week training.

Prepare a short 4-5 slide PowerPoint presentation outlining the following:

• What type of tax rate structure does the U.S. tax system apply?

• What are the individual tax forms, and what factors are used to determine which one to use?

• What is taxable income, and how is it determined?

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