No risk. No worries. Why?
Because there is no charge if your business is not eligible.
Embedded Files
CARES ACT EMPLOYEE RETENTION TAX CREDIT
The Employee Retention Tax Credit (ERC) is a refundable tax credit designed to reward business owners for retaining employees throughout the COVID-19 pandemic. The Employee Retention Credit is available to both small and mid-sized businesses. It was signed into law on March 27, 2020, as part of the CARES Act and significantly expanded in 2021.
Business owners impacted by COVID-19 can claim up to $5,000 in refundable tax credits for each employee on their payroll in 2020 and up to a $7,000 credit per quarter for each employee in 2021.
Form 7200, Advance Payment of Employer Credits Due to COVID-19
ALTERNATIVE FUEL AND ALTERNATIVE ENERGY
Many businesses are focused on making their operations more sustainable. However, the cost of adopting these alternative fuel and energy technologies can be prohibitively expensive – unless you factor in federal and state energy credits. We can help you navigate the tax credits that may be available.
WORK OPPORTUNITY TAX CREDITS
The Work Opportunity Tax Credit is available to any private U.S. employer that hires veterans and certain individuals experiencing consistent, significant barriers to employment. Both full and part-time employees qualify. There is no limit to the number of eligible employees you can claim per year, so this can add up to a considerable tax savings.
CHILDCARE TAX CREDITS
Both employers and employees can benefit from this significant tax credit and these credits coupled with additional tax benefits can actually yield an after-tax cash surplus. Navigating through the tax regulations around Childcare Tax Credits can be complex, and our professionals can help you determine if setting up an Employer-Provided Child Care plan makes sense for your business.
STATE-SPECIFIC TAX CREDITS & INCENTIVES
Individual states offer tax credits and incentives to companies in various industries to attract new businesses, add jobs and bolster their economies.
RESEARCH AND DEVELOPMENT
The Research & Development (R&D) Tax Credit is an effective way for businesses to replenish spending on new or innovative products and processes, no matter what industry they operate in. It can be used to offset federal income tax liability and, in some cases, payroll tax liability. Many states provide a similar credit, making it one of the most valuable tax credits available.
Page updated
Google Sites
Report abuse