What is another word for tax benefits?
Pronunciation: [tˈaks bˈɛnɪfˌɪts] (IPA) 
Tax benefits are a great way to save money on your taxes. There are many synonyms for this term, all of which describe different types of financial benefits that can help reduce the amount of taxes you owe. Some common synonyms include tax deductions, tax credits, tax exemptions, and tax write-offs. Tax deductions refer to expenses that you can deduct from your total income before calculating your taxes. Tax credits are dollar-for-dollar reductions in your taxes owed. Tax exemptions allow you to exclude certain types of income from your taxable income. Tax write-offs refer to business expenses that you can deduct from your taxes. Regardless of the synonym used, tax benefits can help you save money and maximize your income.
