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However, at the time of exit, or scaling, when liquidity events occur, the investor or founder often faces an insurmountable personal tax liability with few channels to offset the liability.—Priya Prakash Royal Esq. Ll.m. Mba Aep Tep, Forbes.com, 1 Sep. 2025 How are you taxed with each? Sole proprietors report their business income on their personal tax returns where they’ll be taxed at your personal income tax rate.—Jasmin Suknanan, CNBC, 7 May 2025 Normally, personal tax information -- even an individual's name and address -- is considered confidential and closely guarded within the IRS.—arkansasonline.com, 14 Mar. 2025 Elon Musk’s young bucks – often with no security clearances – are seeking access to sensitive personal tax information at the Internal Revenue Service.—Bob Rawitch, Orange County Register, 4 Mar. 2025 See All Example Sentences for personal tax
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