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Missing these tax credits and deductions could cost you thousands By Jason Notte of Cheapism | To Your Credit While some of the best credits and deductions required taxpayers to take action before Dec. 31, there are others that can be used right up to the filing deadline. Whenever possible, though, seek out credits rather than deductions: Each dollar in tax credits is one less dollar in taxes paid, while deductions that reduce taxable income offsets taxes by only 10 to 39.6 cents for every dollar deducted, depending on the tax bracket. With help from Melinda Kibler, a certified financial planner and enrolled agent with Palisades Hudson Financial Group in Fort Lauderdale, Florida, we found a host of 2020 deductions and credits to choose from.

United statesFort lauderdaleMelinda kiblerPalisades hudson financial group in fort lauderdalePalisades hudson financial groupTax law changes you needKnow before filingஒன்றுபட்டது மாநிலங்களில்கோட்டை லாடர்டேல்மெலிண்டா கிப்லெர்பாலிசேட் ஹட்சன் நிதி குழு இல் கோட்டை லாடர்டேல்பாலிசேட் ஹட்சன் நிதி குழுவரி சட்டம் மாற்றங்கள் நீங்கள் தேவைதெரியும் முன் தாக்கல்