What is another word for tax avoidance?
Pronunciation: [tˈaks ɐvˈɔ͡ɪdəns] (IPA) 
Finding alternative means to lawfully reduce one's tax liability can be described as tax avoidance. Other similar terms that could be used include tax planning, tax minimization, and tax mitigation. While these practices can lead to a lower tax bill, it's important to ensure that they are ethical and legal. Tax evasion refers to the illegal avoidance of taxes by not reporting one's income or fraudulent reporting. Many businesses and individuals work with tax professionals to explore legitimate ways to reduce their tax burden, such as through deductions or tax credits. Nevertheless, it is important to note that tax avoidance should not cross the line into illegal activities.
