TAX TIPS
BLOG: NEWS & UPDATES
![What is the difference between a Tax Credit and a Tax Deduction](https://tamekataxes.com/wp-content/uploads/2017/04/qtq80-p06ukv.jpeg)
What is the difference between a Tax Credit and a Tax Deduction
If you could choose between a tax deduction and a tax credit of the same amount, which would be more likely to benefit you? Understanding the difference can help you plan your taxes. A tax deduction lowers the amount of income on which you’re taxed. The amount of your...