GOOD CREDIT VS. SAVING TAX
Filed Under Tax · Tagged: Credit, Tax Credit, tax planning
When doing your tax planning, you must consider your credit.
For example, if you have too many write-off’s and bring your income low, this will save you tax. However, it may negatively affect your ability to borrow money. Tax Credits are most effective in this case as they save you tax without bringing down your income.
As I’ve mentioned before, it is best to seek the help of a professional to make sure that all aspects of your finances are taken into consideration.
