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Sentences with TAX-LIABILITY

Check out our example sentences below to help you understand the context.

Sentences

1
"My tax liability this year is significantly higher than last year due to an increase in income."
2
"The accountant advised me on ways to minimize my tax liability through deductions and credits."
3
"As a business owner, it is crucial to accurately calculate and manage your tax liability."
4
"He was shocked to find out he had a large tax liability after underestimating his income."
5
"The tax liability for high-income individuals tends to be higher than those with lower incomes."
6
"I set aside money each month to cover my anticipated tax liability."
7
"The taxpayer was relieved to find that his tax liability was reduced after claiming certain exemptions."
8
"Failing to report income accurately can lead to a higher tax liability and potential penalties."
9
"The tax liability was calculated based on the individual's taxable income and applicable tax rates."
10
"She was unaware of her tax liability until she received a notice from the IRS."
11
"The company's tax liability was affected by changes in tax laws and regulations."
12
"They consulted a tax professional to help them navigate their tax liability as self-employed individuals."
13
"He needed to adjust his withholding to avoid a large tax liability at the end of the year."
14
"The tax liability can vary depending on the taxpayer's filing status and deductions claimed."
15
"They hired a tax attorney to negotiate their tax liability with the IRS."
16
"The company's financial statements disclosed its estimated tax liability."
17
"Claiming excessive deductions can result in an increased tax liability and potential audits."
18
"Her tax liability was reduced after she donated to qualified charities."
19
"Proper tax planning can help minimize your overall tax liability."
1
"The company's tax liability for the year was more than anticipated."
2
"She was shocked to see her tax liability increase significantly after a change in tax laws."
3
"The tax liability of high-income individuals is subject to additional scrutiny."
4
"The accountant advised the client on strategies to minimize their tax liability."
5
"The business owner failed to report all income, resulting in a higher tax liability."
6
"The government offers tax credits to reduce tax liability for certain energy-efficient investments."
7
"He realized his tax liability was higher than expected due to an error in his tax return."
8
"The tax liability for inherited assets can be quite complex."
9
"The tax liability for this property will be assessed based on its market value."
10
"By deducting business expenses, he was able to reduce his tax liability."
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