Tax credits for small businesses may reduce your 2017 and 2018 tax bills
Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce only the amount of income subject to tax.
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10% Ohio Investment Tax Credit
InvestOhio is a tax credit that reduces dollar-for-dollar an individual’s Ohio personal income tax liability. The credit equals 10% of the amount the individual invests in a small business.