Taxes: Marginal & Effective Tax Rates

The 2020 tax season is upon us and so I'm busy answering tax questions for clients.

When it comes to your tax rates, it may be confusing because the U.S. tax system is progressive.

This means you have two tax percentages to be aware of: your marginal tax rate and your effective tax rate.

https://youtu.be/zjiCjgVCQoA
http://poweruptaxplanning.com/
https://www.levelupfinancialplanning.com/