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• 08:02, 1 November 2024 NicolasHumphreys talk contribs created page 10 Tax Tips To Cut Back Costs And Increase Income (Created page with "A credit is allowed for foreign income taxes paid or accrued. The credit is limited for that part of Ough.S. tax due to foreign source income. It is far from refundable, but any excess credit can be carried to other years to reduce tax.<br><br>Estimate your gross income. Monitor the tax write-offs that you may be able declare. Since many of them are based upon your income it is good to plan ahead. Be sure to review your income forecast going back part of year to see if i...")