Automated Tax Credit - Tax Debt Resolution

Glossary

Renewable Energy Pilot Projects Deduction

The Renewable Energy Pilot Projects Deduction allows taxpayers to deduct expenses related to pilot projects aimed at renewable energy production, encouraging innovation and sustainability.

Public Transit Subsidies for Employees Deduction

The Public Transit Subsidies for Employees Deduction allows employers to deduct expenses related to providing public transit benefits to employees. It encourages the use of public transportation and aids in reducing the taxable income of businesses.

Staff Relocation Support Services Deduction

The Staff Relocation Support Services Deduction allows businesses to deduct certain expenses related to employee relocation. It's crucial for minimizing tax liabilities associated with employee transfers.

Subscription for Team Communication Tools Deduction

The Subscription for Team Communication Tools Deduction allows businesses to deduct expenses related to subscriptions for team communication tools such as Slack or Microsoft Teams. This deduction encourages efficient communication and collaboration within businesses.