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Friday, October 11, 2024Chamber Members: Would you like to reduce or eliminate your tax liability?
What Are Business Development Tax Credits? Business development tax credits are government-backed incentives that offset the costs of activities aimed at advancing technology, improving efficiency, or enhancing products and services. These credits can help cover expenses like wages, supplies, and contract research tied to your company's innovation or improvement efforts.Why Should Every Industry Check Their Eligibility? Here’s why companies from all sectors should explore these credits:1. Wide Industry
Monday, July 29, 2024Maximizing Company Benefits with new Secure 2.0 Employer Tax Credits
Unlock New Opportunities with Secure 2.0 Credits Attention business owners! The Secure 2.0 Act brings a host of valuable tax incentives designed to encourage the establishment and enhancement of qualified retirement plans. This landmark legislation offers robust financial benefits to support both small and mid-sized businesses in providing retirement security for their employees. Key Benefits of Secure 2.0 1. Administrative Cost Credit This credit is capped at $5,000 annually and is available for the
