Tax deductions and credits • English Conversation Questions

What is the difference between a tax deduction and a tax credit?
What are some common tax deductions available to individuals?
How do tax deductions benefit taxpayers?
What are some examples of tax credits that individuals may be eligible for?
How do tax credits differ from tax deductions in terms of their impact on a taxpayer’s liability?
What are some tax deductions and credits available to businesses?
Can tax deductions and credits be claimed retroactively for previous tax years?
What are some limitations or restrictions on tax deductions and credits?
Are there any tax deductions or credits that are being phased out or have recently been eliminated?
How can individuals and businesses ensure they maximize their eligibility for tax deductions and credits?
What is the role of tax planning and professional advice in optimizing tax deductions and credits?