Definitions
There is 1 meaning of the phrase
Tax Write-Off.
Tax Write-Off - as a noun
A reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Synonyms (Exact Relations)
deductiontax deductionHypernyms (Closely Related)
write-downwrite-offHyponyms (Broadly Related)
Example Sentences
"The business claimed several tax write-offs for their charitable donations."
"Investing in renewable energy can result in tax write-offs for homeowners."
"The company used a tax write-off to offset their losses from the previous year."
"Donating old clothes to a nonprofit organization can be a tax write-off."
"Small business owners can take advantage of tax write-offs for home office expenses."
