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R&D Tax Credits for Small Business Explained
When it comes time to do your business taxes, the R&D credit may be one you are hoping can help lessen your tax burden. This is a program that has been around for 40 years! President Ronald Reagan introduced the R&D credit originally when he signed the...
PPP Money Is Gone: Can I Still Get Help?
The Paycheck Protection Program — better known as the PPP — arrived soon after the start of the pandemic as a way to help small business owners keep people employed. Now the PPP loan period is over, so does that mean business owners struggling with the effects of the...
EIDL Advance vs. EIDL Loan: What’s the Difference?
If your small business has been hard hit by the COVID-19 pandemic, an Economic Injury Disaster Loan (EIDL) could be a major boost to get you back on track. But what’s the difference between an EIDL Loan and the Targeted EIDL Advance? It's often brought up in small...
If Build Back Better Is Dead Can My Business Still Get Money?
Were you hoping the Build Back Better Plan would pass Congress so your small business could access important government funding? By all accounts, it seems the Biden administration’s funding plan has no path forward to be approved in Congress — at least not in its...
Employee Retention Tax Credit: Everything You Need to Know
Have you been paying employees who’ve been on the payroll for a while? If so, your small business may be eligible for the Employee Retention Credit (ERC). This is a federal program where you can earn a refundable tax credit just for paying your employees. You...
Small Business Government Grants: Do You Qualify?
If you’ve been scouring the internet, trying to find money via a small business government grant, you’ve probably seen the same warning a few dozen times: Only apply to grants for which your company qualifies. However, it’s not always easy to figure out which...