Automated Tax Credit - Tax Debt Resolution

Glossary

Solar Investment Tax Credit (ITC)

The Solar Investment Tax Credit (ITC) is a federal incentive that offers a significant tax reduction for those investing in solar energy systems.

Nonbusiness Energy Property Credit

The Nonbusiness Energy Property Credit offers tax incentives for homeowners making energy-efficient upgrades, reducing their tax liability while promoting eco-friendly improvements.

Small Business Health Care Credit

The Small Business Health Care Credit is a tax incentive designed to help small businesses afford the cost of employee health care coverage by offering a credit to offset premium expenses.

Disabled Access Credit

The Disabled Access Credit offers tax incentives for small businesses making facilities accessible for individuals with disabilities. This promotes equality by reducing financial barriers.

Low-Income Housing Tax Credit

The Low-Income Housing Tax Credit (LIHTC) program encourages private investment in affordable housing by offering tax credits to developers for constructing or renovating rental properties targeting low-income tenants.