Tax Credits versus Tax Deductions – Which is worth more to you?
Tax Credits versus Tax Deductions – Which is worth more to you? Deduct this or take a Tax credits? Which is worth more to you? Often the answer is not as simple as you think. Every industry and profession has common terms that are used so often those of us in the business often forget that most people do not have the depth of understanding that a person working within the tax code might have. One of these areas is understanding the differences between the tax terms “deductions” and “credits”. Is one better than the other? If it were simple