 Income tax 2022-2023. Income tax formula. Let's do some wealth preservation with tax preparation. Remember the three major tools we have available to us when learning income tax law being the tax formula, the tax forms, the tax software. Obviously these tools are interrelated but I suggest thinking of them separately because each tool lends itself to a different perspective, a different angle on the tax law. Looking at tax law from different angles in general is good because looking at any problem from different angles allows us to understand the full problem better and whenever we're solving a particular problem, choosing the correct angle to look at that problem from might make it a little bit easier, more efficient to solve that problem. So this time we're going to be looking at the income tax formula which is usually a more of a simplified conceptual way to