Credits established by the federal and state government to assist the development of the alternative energy industry. Beginning in 1976, California had a solar tax credit. From 1978 to 1985, both Cali [..]

Amounts which a taxpayer may subtract from his tax liability. They are described as payable if they can exceed tax liability (sometimes the terms “refundable” and “non-wastable” are used).

Lower case and plural. Working Tax Credit and Child Tax Credit are specific benefits, so are upper case and singular.

Tax credits include any special provision of law that results in a dollar-for-dollar reduction in tax liabilities that would otherwise be due. Tax credits may result in a reduction of tax collections or an increase in the value of tax refunds.

These are like coupons for the supermarket. You can use them to reduce the amount of tax you owe.

Tax credits are payments made by the government. Usually, they’re made to people on low incomes, to families with children, or to registered carers.

The amount of money that tax payers can deduct directly from their taxes.

Based on your family size and income, you may qualify for a tax credit. Unlike tax credits you claim when you file your taxes, these tax credits can be used right away to lower your monthly premium co [..]

Based on your family size and income, you may qualify for a tax credit. Unlike tax credits you claim when you file your taxes, these tax credits can be used right away to lower your monthly premium co [..]

Incentives to invest in a development that reduce liability for taxes that otherwise would be incurred.