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The coronavirus pandemic introduced a slew of new tax credits, tax breaks, and assistance programs for businesses in 2020 and 2021. But how many of these tax incentives are still around in 2022?

Below we have summarized over a dozen tax credits that business owners should consider when tax planning this year. These credits can help you get back on your feet if you’re struggling, but they can do so much more than that. With a little bit of preparation, these tax credits can send you further down your path to success by eliminating pitfalls and helping you optimize your financial wellbeing.

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Does your estate plan leave specific assets to specific family members? If so, you may want to…

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The inside scoop: Unlocking business value with face-to-face insights

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It’s not uncommon for people who live in states with high income taxes to relocate to states…

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Charitable fundraisers that feature games of chance — everything from bingo and raffles to baccarat and roulette…

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Do you have questions about taking IRA withdrawals? We’ve got answers Mauldin & Jenkins

Do you have questions about taking IRA withdrawals? We’ve got answers

Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum…

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Making cost-allocation decisions for your nonprofit Mauldin & Jenkins

Making cost-allocation decisions for your nonprofit

Cost allocation probably isn’t your favorite task — particularly if your not-for-profit has many activities. Yet the…

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Early bird tips: Answering your tax season questions Mauldin & Jenkins

Early bird tips: Answering your tax season questions

The IRS announced it will start the 2025 filing season for individual income tax returns on January…

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One from many: Why your nonprofit might want to federate

Federated not-for-profits are single corporate entities with multiple chapters. There’s no one definitive legal structure for federated…

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Work-in-process: What it means for your manufacturing company’s finances and performance Mauldin & Jenkins

Work-in-process: What it means for your manufacturing company’s finances and performance

Work in process (WIP) is a common term in manufacturing, often tossed around loosely. WIP is sometimes…

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Is earned wage access a viable option for construction companies? Mauldin & Jenkins

Is earned wage access a viable option for construction companies?

Earned wage access (EWA) is catching on across various industries. Many different types of employers are using…

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Many employers struggle to wield compensation as a retention tool Mauldin & Jenkins

Many employers struggle to wield compensation as a retention tool

It’s often said that a paycheck isn’t the only reason an employee stays at a job, and…

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Saving for college: Tax breaks and strategies your family should know

As higher education costs continue to rise, you may be concerned about how to save and pay…

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How employers can help participants optimize their HSAs Mauldin & Jenkins

How employers can help participants optimize their HSAs

Health Savings Accounts (HSAs) have become popular employer-sponsored fringe benefits. How popular? According to the most recent…

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Comprehensive employee reviews can pay off for your manufacturing company Mauldin & Jenkins

Comprehensive employee reviews can pay off for your manufacturing company

Conducting effective performance reviews can be challenging. They require significant management effort, and there’s potential for conflict…

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Put a business valuation pro on your M&A team Mauldin & Jenkins

Put a business valuation pro on your M&A team

Global merger and acquisition (M&A) volume is expected to surpass $4 trillion in 2025, the highest in…

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Maximize your 401(k) in 2025: Smart strategies for a secure retirement Mauldin & Jenkins

Maximize your 401(k) in 2025: Smart strategies for a secure retirement

Saving for retirement is a crucial financial goal and a 401(k) plan is one of the most…

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Important 2025 amounts for employer-sponsored retirement plans Mauldin & Jenkins

Important 2025 amounts for employer-sponsored retirement plans

Does your organization sponsor a qualified retirement plan for employees? If so, the new calendar year will…

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Using an exit agreement to manage your nonprofit’s leadership transition Mauldin & Jenkins

Using an exit agreement to manage your nonprofit’s leadership transition

All good things must come to an end — including the tenure of a respected founder or…

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Savings bonds and taxes: What you need to know Mauldin & Jenkins

Savings bonds and taxes: What you need to know

When considering the advantages of U.S. Treasury savings bonds, you may appreciate their relative safety, simplicity and…

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