"Tax debt" refers to the amount of money a person or business owes to the government as a result of unpaid taxes. It is the outstanding balance that needs to be paid to fulfill their tax obligations.
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«tax»
«debt»
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Sentences with «tax debt»
- We receive questions from clients about eliminating tax debts in bankruptcy on a regular basis. (blog.kainscott.com)
- Hi My husband refuses to have taxes taken out and we end up with tax debt for years being married. (mydollarplan.com)
- The extra layer that can happen is that these seniors often start having income tax debt for the first time in their lives. (hoyes.com)
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