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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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Articles

It’s critical to set the stage before valuing a business Mauldin & Jenkins

It’s critical to set the stage before valuing a business

Before you contact a business valuation professional, ask yourself the following five questions to help streamline the…

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Fraud risk assessments help employers stay on guard

Imagine you just discovered your organization lost a substantial amount of money to fraud. You’d probably feel…

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5 questions single parents should ask about their estate plans

In many respects, estate planning for single parents is similar to that of families with two parents….

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Mauldin & Jenkins Spreads Christmas Magic with Toys for Tots Donations

SAVANNAH, December 18, 2024- This holiday season, professionals from Mauldin & Jenkins, a leading assurance, tax and…

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Mauldin & Jenkins Supports Local Family In Need this Holiday Season Mauldin & Jenkins

Mauldin & Jenkins Supports Local Family In Need this Holiday Season

ATHENS, AL – December 18 – Continuing a cherished annual tradition, Mauldin & Jenkins professionals came together…

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Adoption tax credits: Easing the financial journey of parenthood Mauldin & Jenkins

Adoption tax credits: Easing the financial journey of parenthood

There are two tax breaks that help eligible parents offset the expenses of adopting a child. In…

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Mauldin & Jenkins Bradenton Office Partners with Local Organizations to Spread Holiday Cheer Mauldin & Jenkins

Mauldin & Jenkins Bradenton Office Partners with Local Organizations to Spread Holiday Cheer

BRADENTON, December 18 – This holiday season, Mauldin & Jenkins professionals participated in a series of community…

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Mauldin & Jenkins Spreads Holiday Cheer by Adopting Families in Need Mauldin & Jenkins

Mauldin & Jenkins Spreads Holiday Cheer by Adopting Families in Need

COLUMBIA – December 18– In the spirit of giving this holiday season, Columbia office professionals adopted three…

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Mauldin & Jenkins Employees Join Forces with United Way to Create Career-Ready Kits For Local Students Mauldin & Jenkins

Mauldin & Jenkins Employees Join Forces with United Way to Create Career-Ready Kits For Local Students

ATLANTA, December 18 – Mauldin & Jenkins professionals gathered together this holiday season in partnership with United…

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Is your manufacturing company’s budget realistic? Mauldin & Jenkins

Is your manufacturing company’s budget realistic?

You’ve likely already begun your manufacturing company’s 2025 budget planning. A comprehensive, realistic budget allows you to…

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Federal Court Rules Against DOL’s “White Collar” Overtime Rule Mauldin & Jenkins

Federal Court Rules Against DOL’s “White Collar” Overtime Rule

A federal district court judge has struck down the Biden administration’s new rule regarding the salary threshold…

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The Power of Planning Mauldin & Jenkins

The Power of Planning

As we approach the end of 2024, now is the perfect time to prepare for the year…

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Mauldin & Jenkins Director Ali Carter Recognized as One of SRQ Magazine’s 35 Under 35 Honorees Mauldin & Jenkins

Mauldin & Jenkins Director Ali Carter Recognized as One of SRQ Magazine’s 35 Under 35 Honorees

BRADENTON- Mauldin & Jenkins, a leading assurance, tax and advisory firm, is proud to share that Ali…

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Leading Firm Mauldin & Jenkins Recognized as a 2025 Best Places to Work in TN Mauldin & Jenkins

Leading Firm Mauldin & Jenkins Recognized as a 2025 Best Places to Work in TN

CHATTANOOGA, December 16– Mauldin & Jenkins, a leading provider of assurance, tax and advisory services across the…

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Mauldin & Jenkins Employees Volunteer with All Faiths Food Bank to Combat Hunger in the Community Mauldin & Jenkins

Mauldin & Jenkins Employees Volunteer with All Faiths Food Bank to Combat Hunger in the Community

BRADENTON-  This Fall, professionals from Mauldin & Jenkins, a leading assurance, tax and advisory firm, came together…

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2025 fringe benefit COLAs: Key figures for employers Mauldin & Jenkins

2025 fringe benefit COLAs: Key figures for employers

Annually, the IRS makes inflation-based cost-of-living adjustments (COLAs) to dollar limits applicable to many employer-sponsored fringe benefits…

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In certain situations, filing a gift tax return is required or recommended Mauldin & Jenkins

In certain situations, filing a gift tax return is required or recommended

Thanks to the annual gift tax exclusion, you can systematically reduce your taxable estate with little effort….

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Don’t overlook the cost approach when valuing a private business Mauldin & Jenkins

Don’t overlook the cost approach when valuing a private business

There are three commonly accepted techniques for valuing a closely held business: the cost (or asset-based) approach,…

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Every employer must find the right approach to pay raises Mauldin & Jenkins

Every employer must find the right approach to pay raises

As 2024 winds to a close, employers need to strategize about various issues for the next calendar…

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Should a married couple use a joint trust or separate trusts? Mauldin & Jenkins

Should a married couple use a joint trust or separate trusts?

There are many benefits of including a revocable trust in your estate plan. This trust type allows…

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Mauldin & Jenkins Recognized Among 2024 Best Companies to Work for in Alabama Mauldin & Jenkins

Mauldin & Jenkins Recognized Among 2024 Best Companies to Work for in Alabama

ALABAMA, December 12th– Leading assurance, tax and advisory firm Mauldin & Jenkins is proud to announce its…

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