4. You Qualify for Tax Credits
2025 Tax refund directly reduces the tax you owe and can boost your refund. There are many tax credits, including those for things like education expenses, adopting a child, and making your home more energy-efficient. The government offers these credits to encourage certain behaviors or investments that align with public policy goals.
What to Do: Take advantage of any tax credits that apply to you. It may include education credits, energy-saving home improvements, or healthcare expenses.
Action Needed: Review the list of available tax credits with your accountant to ensure you qualify for all the ones that apply to your situation.
Also, read this Related Article to Know More: Who qualifies for the Earned Income Tax Credit (EITC)
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