Oct 8 • 💬 Discussion
Is it smarter to chase tax credits or deductions?
I’ve been digging into tax strategy for executives and one thing keeps coming up, credits vs deductions. On paper, they look similar. In practice, they’re worlds apart.
Credits cut your tax bill dollar-for-dollar. Deductions only lower taxable income, so their impact depends on your bracket. Real estate makes the mix even more interesting, cost segregation and Section 199A can slash six figures a year.
Most leaders I know are losing $250K+ annually just by not combining these tools. Over 20 years, that’s $5M gone.
Curious what you think, if you had to prioritize one, would you chase credits or deductions?
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Is it smarter to chase tax credits or deductions?
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