how can you reduce your tax liability and/or avoid paying taxes when you file this year...

70.2K

Verified Solution

Question

Finance

how can you reduce your tax liability and/or avoid paying taxeswhen you file this year legally

Answer & Explanation Solved by verified expert
4.2 Ratings (630 Votes)
This would depend on the country where you are filing your tax return In most of the countries showing the following will reduce your tax liability 1 Donations Charity made to recognised institutes with receipts 2 If you are self employed and your business is    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

how can you reduce your tax liability and/or avoid paying taxeswhen you file this year legally

Other questions asked by students