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    Credit vs. deductions

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    Why has Congress moved towards credits rather than deductions in recent years?
    What do you know about tax provisions that might encourage small business?

    © BrainMass Inc. brainmass.com October 10, 2019, 3:33 am ad1c9bdddf
    https://brainmass.com/business/accounts-receivable-management/credit-vs-deductions-425219

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    Why has Congress moved towards credits rather than deductions in recent years?

    Congress has been moving towards tax credits rather than tax deductions because a tax credit lowers the persons tax bill dollar for dollar. A deduction on the other hand just shaves off money from a persons taxable ...

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    Why has Congress moved towards credits rather than deductions in recent years?
    What do you know about tax provisions that might encourage small business?

    $2.19