Apply for extended business tax credit
Under the Cares Act, company losses can be carried through 2025. This applies to companies with employees from certain groups, such as veterans and long-term unemployed individuals (who haven’t found work for more than 27 weeks).
According to specialists, if companies can hire high-level employees and still be eligible for the credit, it’s beneficial to all parties involved.
Check out these 14 Most Overlooked Tax Write-Offs You Don’t Want to Miss!