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20161 BDO FEDERALMARCH TAX Alert.BDO.comSUBJECTCONTACT:INCREASED TAX OPPORTUNITY TO DEFER SALES OF GIFT CARDS REDEEMABLE FOR GOODS AND SERVICESTRAVIS BUTLER Senior Director (312) 7301268 / Butler×BDO.summary For
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Increased tax opportunity allows individuals or organizations to take advantage of tax credits or deductions that can help reduce their overall tax liability.
Individuals or organizations that qualify for certain tax incentives or benefits are required to file increased tax opportunity forms.
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The purpose of increased tax opportunity is to encourage taxpayers to invest in certain activities or industries that benefit the overall economy.
Increased tax opportunity forms typically require information about income, expenses, investments, and other financial details that may impact tax liability.
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