Benefit from available tax credits and deductions. A trusted firm can help you maximize tax savings.

What Our Clients Say

Business Tax Incentives 101

What types of tax incentives are there?

There are several types of tax credits and tax deductions businesses can claim. Each has a slightly different set of qualifications and benefits based on the type of project an organization is undertaking. Some available tax credits are permanent, while others expire and may be reinstated. The government also offers various tax credits for sectors such as education, energy efficiency and cybersecurity.

What is a tax credit?

A tax credit is an incentive provided in the tax code. Tax credits directly reduce your tax liabilities and they provide an incentive for investing in a particular industry or activity. Businesses can claim both state and federal tax credits.

Tax credit vs. deduction

The difference between a tax credit and deduction can be confusing, leaving many people with questions. Tax credits reduce tax liability dollar for dollar, whereas tax deductions reduce taxable income.

Learn how to increase your cash flow.

Let’s talk.