There are a number of tax credits available to individuals and companies for a variety of reasons in the US. Here is an overview of the key types of individual credits available from the IRS.
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Tax Articles To Read:
If you are an S Corp, Partnership or Schedule C business you may still benefit from a 2018 change to the IRS code called the Qualified Business Deduction. While there are a number of rules and implications on which businesses qualify, if your entity is making money in 2019, it may be good to see if you qualify. Here’s a brief overview from the IRS.
Congress encourages home ownership and provides tax incentives to support it…including providing some gain exclusion. Read here to understand more.