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Why has Congress moved toward credits rather than deductions in recent years? What do you know about tax provisions that might encourage small business? How

Why has Congress moved toward credits rather than deductions in recent years?

What do you know about tax provisions that might encourage small business? 

How C Corporation may be different from S Corporation? Are there other types of corporations? 

How they are treated? What is Qualified Business Income? How to determine taxpayer deductions for qualified business income?

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Deductions and tax credits Deductions reduce taxable income and thus they are more valuable to someone with high tax bracket than a person who pays a low tax rate Deduction of 10000 reduces tax by 150... blur-text-image

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