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5 tax credits every business owner should know about

November 8, 2022

The Covid-19 pandemic and the rescue programs that came with it have driven a surge of interest in tax credits, with small-business owners increasingly scouring for opportunities they may have overlooked in the past. The Small Business Administration’s Paycheck Protection Program, which gave out 11.3 million forgivable loans worth about $786 billion, as well as the Economic Injury Disaster Loan program and others, made it to clear to small-business owners they should pay attention to government programs and apply for the ones that fit them, said Brent Johnson, co-founder of Clarus Solutions, which helps businesses access federal employment tax credit programs.

Article Source: Baltimore Business Journal

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