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Tax relief
Things you should know about tax debt relief
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[QUOTE="Umoh1, post: 324504, member: 99571"] Tax relief is a provision in the tax code that allows taxpayers to reduce their taxable income and lower the amount of tax they owe to the government. Tax relief can take various forms, such as deductions, credits, and exemption. Exemptions are another form of tax relief that allow taxpayers to exclude a portion of their income from taxation. The most common exemption is the personal exemption, which allows taxpayers to reduce their taxable income for themselves and their dependents. It's important to note that tax relief is subject to certain limits and qualifications, depending on the type of relief being claimed. Taxpayers should consult with a tax professional or review the relevant tax codes and regulations to determine their eligibility for various tax relief programs. [/QUOTE]
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Things you should know about tax debt relief
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