Own a Small Business? You Need to Know About These Coronavirus Tax Credits
If you own a small business, the Great Lockdown has probably been difficult. Whether you've been forced to shut down or have been able to stay open (despite the risk) as an essential business, these are turbulent economic times, and your company is probably feeling some adverse financial effects.
But there is help for business owners, some of it in the form of tax credits. In particular, the IRS has highlighted new credits for employers including the employee retention credit and credits for paid sick leave and family leave.
Taking advantage of these credits could save your company money while enabling you to better protect your employees. Here's how they work.
Source Fool.com
