Examlex
An advantage of internal development is that firms do not have to combine activities across the value chains of many companies and merge company cultures.
Lifetime Learning Credit
A tax credit that provides financial assistance for post-secondary education by allowing taxpayers to deduct a percentage of their tuition and fees.
Modified AGI
Adjusted Gross Income (AGI) with certain adjustments added back in, often used in tax calculations to determine eligibility for certain tax benefits.
Married Filing Joint
A filing status on U.S. tax returns allowing married couples to combine their incomes, deductions, and credits on a single tax return, potentially leading to tax benefits.
American Opportunity Tax Credit
A credit that allows qualifying students or their parents to reduce their federal income tax based on education expenses paid.
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