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Accounting Tips
There are many tax deductions & tax credits available to both individuals and businesses, here are some examples:
For Individuals:
- Earned Income Credit
- Child and Dependent Care Credit
- Adoption Credit
- Excess Social Security and RRTA Tax Withheld
- Retirement Savings Contributions Credit
- First-time Homebuyer Credit
For Businesses:
- Florida Enterprise Zone credit
- Work opportunity credit
- Credit for Emploer Social Secuirty & Medicare Taxes Paid On Tips
- Welfare-toWork Credit
- Credit For Small Employer Pension Plan Startup Costs
- New Market Credit
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