What is one way people can reduce the amount of taxes they owe in a year?
A. Give money to charity
B. Earn a higher income
C. Purchase luxury goods
D. Work longer hours

Respuesta :

Answer:

A

Explanation:

Donating money to charity is one method people might lower their annual tax burden. Therefore, (A) is the correct option.

What is Tax?

Taxes are required payments made to individuals or enterprises by a government agency, whether local, regional, or federal. Income, capital gains, or the estate are all subject to taxes.

One of the ways to reduce the amount of tax payable is to donate money to a charity.

Therefore, (A) is the correct option.

To know more about Taxes, visit the link below:

https://brainly.com/question/16423331

#SPJ2