February 19, 2024

How small businesses can benefit from tax credits

13 minutes

Are you taking advantage of tax credits? They have historically been leveraged by large corporations. However, small businesses can benefit from them as well. Today, we’ll discuss how to take advantage of tax credits, and we’ll provide guidance on how to use them to help gain tax savings and incentives for eligible activities. Listen in as we cover:

[0:58] What are tax credits & the basics to know about

[2:16] Small business guidance to tackle the complexity

[5:16] Which tax credits fit best with small businesses

[6:33] How the Research & Development tax credit can help

[9:26] What is the process, including where to get help & support

Explore this link for more information on the R&D tax credit and how ADP can help your business: https://www.adp.com/resources/articles-and-insights/articles/r/r-and-d-tax-credit-what-it-is-and-how-to-claim-it.aspx

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