Tax Credits

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One Big Beautiful Bill Act: Key Hospitality Tax Credits & Deductions for Hotels and Restaurants in 2025
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The One Big Beautiful Bill Act (OBBBA) introduces significant changes that impact hospitality tax planning in 2025 and beyond. For hotels, restaurants, and event venues, the legislation restores powerful incentives that can improve cash flow, accelerate deductions, and strengthen long-term growth strategies. If you operate in the hospitality industry, understanding these new hospitality tax credits…

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Tax Credit Analysis
Tax Credit Analysis – Is Your Business Paying More Than It Should?
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Every business wants to lower its tax burden, but most don’t realize the potential tax savings they are missing out on. With ever-changing government incentives and credit programs, it’s easy for small and medium-sized companies to miss valuable opportunities. That’s where our Tax Credit Analysis comes in — and why Tax Credit Group (TCG) offers it free for qualified businesses.  What Is a…

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Research & development is one type of tax credit
A Small Business Owner’s Guide to Tax Credits: Which Ones Actually Work for You?
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The IRS offers tax credits designed to reward the very things small businesses are already doing to grow. The tricky part is figuring out which ones apply to you. A tax credit is different from a deduction. Deductions lower your taxable income, while credits reduce your tax bill dollar-for-dollar. That means they can have a…

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Screening new hires within specific target groups offers tax credit savings
A Guide to Savings: Employee Work Opportunity Tax Credit Screening 
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You already know that the Work Opportunity Tax Credit (WOTC) federal tax incentive can translate into significant savings for your business by simply hiring individuals from specific target groups. But understanding that WOTC exists and actually claiming those credits are two different things.  The most important bridge between the two is the WOTC screening process.…

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Honoring Veterans with Meaningful Employment and Raising Your Work Opportunity Tax Credit (WOTC)
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As we approach the celebration of our nation’s birth this July, let’s take a moment to reflect on the immense sacrifices and contributions of our service members. When veterans transition from military service to civilian life, they often seek new opportunities in the workforce. Hiring these highly skilled and dedicated individuals is not only a…

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Why Employers Should Consider Hiring Persons with Disabilities

Companies often miss hiring amazing employees because of unfounded fears associated with hiring persons with disabilities. Many major corporations have found tremendous success and benefits by hiring from a talent pool that most shy away from. Here we’d like to help ease your fears by proving that most of them are truly myths. Hiring persons…

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