Tag Archives: How to calculate your tax rate

One change that occurs when you start drawing your retirement income is how tax is paid on the income. During your working years, tax is deducted by your employer and remitted on your behalf. You are left with your net … Continue reading

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It’s that time of year again: tax season. It’s important to understand the definitions used in government documents so you understand the flow of taxation in arriving at net and taxable income. Taxable income for example, is the figure used … Continue reading

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