
Tax Relief – What It Is and Its Types
Although important to the nation, filing taxes often feels like an additional burden on taxpayers. To help reduce this feeling and resolve the problem of tax-related debts, the government runs several tax relief programs, such as tax cuts, targeted programs for certain social groups, or initiatives that align with government goals. Depending on the policy, this relief may present itself as a tax deduction, credit, exclusion, or debt relief.
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