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- 06:01, 8 January 2026 ShermanR72 talk contribs created page Smart Tax Saving Tips (Created page with "<br>A credit is allowed for foreign income taxes paid or accrued. The financing is limited to that particular part of Oughout.S. tax due to foreign source income. It is far from refundable, but any excess credit can be carried to other years to reduce tax.<br><br>Monitor changes in tax regulations. Monitor changes in tax law throughout 2010 to proactively reduce your tax benjamin. Keep an eye on new credits and deductions and also those that you may possibly have been el...")