Tax Credits in 2025: What You Need to Know
·5 min read
Tax credits can significantly reduce your tax liability. In 2025, several tax credits have been updated or expanded, providing new opportunities for taxpayers to save money.
Common Tax Credits
Key tax credits available in 2025:
- Earned Income Tax Credit
- Child Tax Credit
- Education credits
- Energy efficiency credits
Business Tax Credits
Credits available for businesses:
- Research and Development credit
- Work Opportunity Tax Credit
- Small business health care credit
- Energy efficiency credits
Eligibility Requirements
General requirements for tax credits:
- Income limits
- Filing status
- Qualifying expenses
- Documentation requirements
Maximizing Credits
Strategies to maximize tax credits:
- Proper documentation
- Timing of expenses
- Understanding phase-out rules
- Professional guidance
Need Help with Tax Credits?
Our tax professionals can help you identify and maximize available tax credits.