Tax credits are very beneficial because they directly reduce the amount of tax you pay. In this video, you can learn about different types of individual tax credits.
Tax Credits are the most valuable and powerful tax-saving tool and can save you much taxes. The U.S. government also uses income tax credits as a tool to promote economic and social policies besides raising funds. Throughout this course, you will learn different kinds of individual income tax credits and how they work in an individual income tax return called Form 1040.
Field of Study: Taxes
Soo has over 10 years of experience in publicly traded companies and public accounting firms offering tax, accounting, payroll and advisory services to clients in diversified industries including manufacturing, wholesale/retail businesses, construction, real estate development and investment, banking, finance and professional/legal consulting service. In Particular, when Soo was at Pricewaterhouse Cooper, Soo worked with many foreign owned U.S. companies and advised clients on a broad range of issues including federal and state tax minimization especially through R&D tax credit, determination of the optimal structure for new foreign investments, restructuring and reorganization for existing operations. Since 2017, Soo extended her expertise into small business accounting and tax areas and has been providing comprehensive services including bookkeeping, payroll, tax planning and strategy, business formation, IRS resolution and income tax return preparation and filings. Soo also currently serves at Gwinnett Technical College as an instructor and contributes her skills and knowledge of accounting and tax to numerous students in her community. Soo earned her B.B.A. in Accounting from The Ohio State University and Master of Taxation from Georgia State University. She is a Certified Public Accountant in Georgia and a member of the American Institute of Certified Public Accountants.
