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The Tax Credit market is a subset of the Tax industry that focuses on providing tax credits to individuals and businesses. Tax credits are a form of tax relief that reduce the amount of tax owed by a taxpayer. Tax credits are typically provided by governments to incentivize certain activities, such as research and development, or to provide relief to taxpayers in certain situations. Tax credits can be used to reduce the amount of taxes owed, or to receive a refund from the government.
The Tax Credit market is comprised of a variety of companies that provide tax credits to individuals and businesses. These companies include tax preparation services, tax credit brokers, and tax credit consultants. Tax preparation services provide assistance to taxpayers in filing their taxes and claiming tax credits. Tax credit brokers provide advice and assistance to taxpayers in obtaining tax credits. Tax credit consultants provide advice and assistance to taxpayers in understanding the tax credit process and maximizing their tax credits. Show Less Read more