Answer:
The correct answer is minimize.
Step-by-step explanation:
Tax liability is what the taxpayer or corporation owes to a government entity in charge of levy and collect taxes because of the profits it has generated.
This person can deduct their taxes by planning them correctly.
Doing good planning can minimize taxes in some of the following ways:
- Contributing to charity
- Making contributions to retirement accounts
- Having medical health insurance
- Saving for college