make the income statement
The Spanish phrase 'hacer la declaración de la renta' translates to 'make the income statement' in English. This phrase is often used in the context of personal finance and business, where income statements are used to review the revenue and expenses during a specific period. Thus, when someone says 'hacer la declaración de la renta' in Spanish, they are referring to the process of preparing, finalizing, and presenting their income statement.
My accountant helps me do the income tax return every year.
This sentence illustrates the use of the phrase 'hacer la declaración de la renta' within the context where one gets help from a professional, such as an accountant, to do their annual income tax return.
To do the income tax return, first, we need all your tax documents.
This example demonstrates the phrase used in a scenario where somebody is soliciting for the necessary documents required to carry out the process of the income tax return.
Many people use online software to do the income tax return.
With the growing popularity of digital solutions, the phrase 'hacer la declaración de la renta' can also be utilized in this context to depict that many people use online tools or softwares to facilitate the process of their income tax return.