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  2. What Is Tax Liability? - AOL

    www.aol.com/finance/tax-liability-160008169.html

    Fortunately, individuals and businesses, both large and small, can take simple and concrete steps to reduce their burdensome tax liabilities. In some cases, the tax reduction steps are the same ...

  3. 8 Things You Can Do Now to Reduce Your Tax Bill - AOL

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    Non-refundable Tax Credits: These only reduce your taxes owed to $0, with no additional refund for excess amounts. Examples include the saver's credit, lifetime learning credit, adoption credit ...

  4. Alternatives to LLC loans

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    Loan amounts tend to be much smaller than term loans and are usually capped at $50,000, making them ideal for startups and small businesses that need a little bit of money to launch or expand. Pros

  5. Which of 11 most common types of small business loans is ...

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    You'll need to include your business license, 2 years of business tax returns, 2 years of personal tax returns, a year-to-date Profit and Loss statement, YTD balance sheet, and a debt schedule. Pros:

  6. Cancellation-of-debt income - Wikipedia

    en.wikipedia.org/wiki/Cancellation-of-debt_income

    General business credit – Any carryover to or from the taxable year of a discharge of an amount for purposes for determining the amount allowable as a credit under 26 U.S.C. §38 (relating to general business credit) Minimum tax credit – The amount of the minimum tax credit available under 26 U.S.C. §53(b) as of the beginning of the tax ...

  7. Tax debt relief: How to resolve your debt with the IRS

    www.aol.com/finance/tax-debt-relief-resolve-debt...

    Key takeaways. From due date extensions to settlements, the IRS offers several tax debt relief options that can make your bill more manageable. Exploring income-increasing opportunities, borrowing ...

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