Tax credits often get confused with tax deductions. Tax credit incentives are earned by businesses for certain activities, like hiring or expansion, and they are loftier in savings to tax deductions. Tax credits give businesses an incentive to act in a way that benefits the economy, the environment, business development, or other business purposes and credits are deducted from income before income tax is determined.

For additional information on how we can assist your organizations to contact CCC at 800.207.6926 or contact@corporatecostcontrol.com.

 


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