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The value to managers of understanding key success factors is
Retirement Savings Contributions Credit
A tax credit also known as the "Saver's Credit," aimed at encouraging low- and moderate-income individuals to make retirement contributions.
Head of Household
A filing status for individual US taxpayers who are unmarried and pay more than half the cost of keeping up a home for themselves and a qualifying person.
American Opportunity Tax Credit
An allowance for authorized costs of education paid on behalf of a qualifying individual in the first four years of college or university.
Credit Phase-Out
A gradual reduction in the amount of a tax credit as a taxpayer's income surpasses certain threshold levels, until the credit is reduced to zero.
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