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What is Tax Write Off? | Tax Deduction Explained | Beem
Are you confused about tax write-offs and deductions? This 1-minute video is here to help! Tax write-offs, also known as tax deductions, are expenses that the IRS allows you to subtract from your taxable income. This lowers the amount of taxes you owe. The value of a tax write-off depends on your tax rate and tax brackets. The IRS determines ...
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