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  2. Tax Credits Small Businesses Don't Know They Qualify For - AOL

    www.aol.com/tax-credits-small-businesses-dont...

    Small Business Health Care Tax Credit. The Small Business Health Care Tax Credit is designed to help small businesses afford health insurance for their employees. If you have fewer than 25 full ...

  3. Tax credit - Wikipedia

    en.wikipedia.org/wiki/Tax_credit

    The Credit For Increasing Research Activities (R&D Tax Credit) is a general business tax credit under Internal Revenue Code Section 41 for companies that incur research and development (R&D) costs in the United States. For most companies, this credit is worth 7–10% of qualified research expenses each year. [38]

  4. Tax deductions and credits may boost your refund. Which ones ...

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    Earned Income Tax Credit: If you earned little money last year, you may be able to claim this credit. If you are filing as a single individual with no dependents and made less than $18,591, you ...

  5. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    The credit is limited to that part of federal income tax before other credits generated by foreign source taxable income. The credit is intended to mitigate taxation of the same income to the same taxpayer by two or more countries, and has been a feature of the U.S. system since 1918.

  6. How Do Tax Credits Work? Here’s What To Know for 2023 - AOL

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    Tax credits enable taxpayers to lower their tax bills or get larger refunds. It's important to note, however, that these are different from tax deductions, which reduce taxable income rather than ...

  7. New Markets Tax Credit Program - Wikipedia

    en.wikipedia.org/wiki/New_Markets_Tax_Credit_Program

    The New Markets Tax Credit (NMTC) Program is a federal financial program in the United States.It aims to stimulate business and real estate investment in low-income communities in the United States via a federal tax credit.

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