What are Tax Credits? CPA Explains How Tax Credits Work (With Examples)

What are tax credits? And how they are different from tax deductions? This episode is the answer.

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I’ve personally used tax credits to save over $100,000 in taxes over the years and I want to make sure you understand this simple, but very important concept.

In this episode, I am going to cover what a tax credit is, some of the different types of tax credits available, and more importantly, how you can claim them.

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).