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1911.1463CONGRESSIONAL RECORDSENATE. By LIR. MAGUIRE of Nebraska: Petition of businessmen of Falls City and Vernon, Nebr., against rural parcels post ; to the Committee on the Post Office and Post

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{ "answer": "BY LIR stands for Business Yearly Legal Income Return. It is a tax return form filed by businesses to report their yearly income and expenses to the tax authorities." }

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{ "answer": "All businesses, including corporations, partnerships, and sole proprietorships, are required to file BY LIR if they have earned income during the tax year." }

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{ "answer": "BY LIR can be filled out manually or electronically through the tax authority's online portal. Businesses need to provide detailed information about their income, expenses, deductions, and credits on the form." }

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{ "answer": "The purpose of BY LIR is to ensure that businesses accurately report their income and pay the correct amount of taxes. It helps the tax authorities to monitor businesses' financial activities and compliance with tax laws." }

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{ "answer": "Businesses must report their total income, expenses, deductions, and credits on BY LIR. They also need to provide information about their business structure and ownership, as well as any relevant financial transactions." }

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