West Advisory Group’s Post

Effective tax planning hinges on knowing how to leverage deductions and credits. While these terms are often used interchangeably, they play very different roles in determining your tax liability. Deductions reduce your taxable income, whereas credits directly decrease the amount of tax you owe. Understanding these differences is key to optimizing your tax return. Our latest article provides a clear explanation and actionable insights. Click the link to read more and ensure you're making the most of your tax strategy. https://lnkd.in/eEhJxCSu

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