im autistic and have reading disabilities so i dont understand anything google says 🥲
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Tax write-offs are like little presents that the government gives you when you pay your taxes. When you pay your taxes, the government takes some of your money to use for important things like building roads, schools, and hospitals. But, the government also wants to encourage people to do things that are good for the economy, like starting a business, giving money to charity, or buying a house.
So, the government lets you keep some of your money by giving you tax write-offs for doing these things. It’s like a reward for doing something that helps the economy. When you get a tax write-off, it means you can lower the amount of money you have to pay in taxes.
For example, if you start a business and spend money on things like office supplies or computers, you can write off some of those expenses on your taxes. This means you can lower the amount of money you have to pay in taxes because you spent money on things that help your business.
Tax write-offs are a way to encourage people to do good things for the economy and get rewarded for it by paying less in taxes.
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