Escient Financial

Blog tagged as Tax Credits

5 Steps for Handling an Unexpected Tax Bill
Getting stuck with an unexpected tax bill can be stressful and unsettling. Here are five ways to reduce your tax bill to a more manageable size.
What the Inflation Reduction Act Means For You
Now signed into law, here are the top three way you can benefit from the Inflation Reduction Act.
Tax Planning with Charitable Contributions
A common method of lowering taxes is donating to a charity to receive a tax deduction.
What Is the Difference Between a Tax Credit and a Tax Deduction?
While they’re both worth getting excited over, it’s important to understand the fundamental differences between tax credits and tax deductions.
5 Tax Tips for Homeowners
If you're just buying a new home, here are some tax tips that can help you get the most out of your tax return. Existing homeowners, may find value in some of these tips as well.
Tax Planning in Turbulent Times Part 2: Tax-Wise Investment Techniques
The same paintbrush can create a valuable work of art, or a clashing mess on canvas. It all depends on how you use the brush. In other words, your tax-planning techniques matter at least as much as the tools.
How The American Rescue Plan May Affect You
The American Rescue Plan Act of 2021 was signed into law earlier today. Here is a brief look at how the new act may affect you.
Possible Tax Changes That May Come With The Biden Presidency
A major part of President-elect Biden’s proposed changes to taxation is his pledge to not increase taxes on those making less than $400,000...

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