What is a Tax Credit?A tax credit is an amount of money that will be returned to you based on the selected credit.A tax deduction reduces taxes payable. A tax credit is money in your pocket.For exampl...
Taxes 101 - What is a Tax Credit?
Last time we talked about tax deductions. The next important piece to understand is tax credits. There is a couple more moving parts to a tax credit, but it is still simple to understand.What is a Tax...