If you are self-employed, a 1099 contractor, a freelancer, or a small business owner and file a 1040 tax return with attached schedule C and your business was affected by Covid in 2020 and/or 2021, you could get up to $32,220 back from the government under the Families First Coronavirus Response Act (FFCRA). SEE HOW MUCH YOU QUALIFY FOR INSTANTLY.
Watch what Kevin O'Leary says about the Employment Retention Tax Credit
Employee Retention Credit ERC
The Employee Retention Credit (ERC) is a refundable tax credit for qualifying employee wages. ONLY W-2 employees qualify. Businesses cannot exceed 500 full-time W-2 employees.
Research and Development Tax Credit R&D
Research and Development (R&D) tax credits are government incentives designed to encourage businesses to invest in innovation and technological advancement. Here's a brief summary of the key aspects of R&D tax credits