" Bracket creep is a term to describe what happens when more money pushes you into a higher tax bracket even though there’s not any improvement to your bottom line. In other words, having a higher paycheck can result in more taxes, and no real movement in disposable income. " - Kelly Phillips Erb
Copyright © 2020 Tandy Consulting Inc - All Rights Reserved.
Intuit and QuickBooks are registered trademarks of Intuit Inc.
Fullerton Tax and Accounting Service