Understand Your Tax Liability: Federal Tax Credits, Tax Deductions, and More
What Is a Federal Tax Credit? In its simplest terms, a tax credit is the amount of money a taxpayer can directly subtract from the taxes they owe. Tax credits reduce the taxpayer’s liability dollar for dollar. Similarly to a tax deduction, a tax credit can reduce the amount of tax you are required to […]
Buy a Tesla Now, or Don’t Buy One at All
Tesla is an interesting company that we love to watch and learn about. They’ve proudly done things differently from the rest of the auto industry, which is a bit of a double-edged sword. While the interest in Tesla continues to grow and many of us watch and admire them and their CEO, Elon Musk, for […]