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

Taxation

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

Prepare a short PowerPoint presentation of 4-5 slides 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?
Answer

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