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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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Manufacturers: Implement year-end tax planning strategies now to reduce your 2024 tax bill Mauldin & Jenkins

Manufacturers: Implement year-end tax planning strategies now to reduce your 2024 tax bill

As the year draws to a close, it’s generally manufacturers’ last chance to implement strategies to reduce…

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Unlock your child’s potential by investing in a 529 plan Mauldin & Jenkins

Unlock your child’s potential by investing in a 529 plan

If you have a child or grandchild planning to attend college, you’ve probably heard about qualified tuition…

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Phased retirement arrangements may benefit some employers Mauldin & Jenkins

Phased retirement arrangements may benefit some employers

Historically, retirement has been a bit like jumping off a cliff. Employees pick a date, maybe enjoy…

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Achieve multiple estate planning goals with one trust: A CRT Mauldin & Jenkins

Achieve multiple estate planning goals with one trust: A CRT

For many people, two common estate planning goals are contributing to a favorite charity and leaving significant…

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Alternate construction delivery methods: CMc in the spotlight Mauldin & Jenkins

Alternate construction delivery methods: CMc in the spotlight

Like many construction businesses, yours may have operated for years following the traditional design-bid-build delivery method. An…

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Can homeowners deduct seller-paid points as the real estate market improves? Mauldin & Jenkins

Can homeowners deduct seller-paid points as the real estate market improves?

The recent drop in interest rates has created a buzz in the real estate market. Potential homebuyers…

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How market uncertainty can affect business value Mauldin & Jenkins

How market uncertainty can affect business value

Businesses face uncertain conditions today, including geopolitical and cybersecurity risks, inflation concerns, environmental issues, and a lack…

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12 Key Elements of an Effective Gift Acceptance Policy Mauldin & Jenkins

12 Key Elements of an Effective Gift Acceptance Policy

By: Jon Schultz and Kimberly Haynes Private schools and colleges often rely extensively on donations to fund…

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Cybersecurity: What Are the Threats and New Insurance Requirements Mauldin & Jenkins

Cybersecurity: What Are the Threats and New Insurance Requirements

By: Jon Hightower, CCSFP, CHQP, CISA, CRISC, CIPT, and FAIR and Tim Lyons, CPA In today’s digitally-driven…

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Employer impact: New final rules on mental health and substance use coverage Mauldin & Jenkins

Employer impact: New final rules on mental health and substance use coverage

The Mental Health Parity and Addiction Equity Act (MHPAEA) was enacted in 2008. Its chief mandate is…

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What are the duties of an executor? Mauldin & Jenkins

What are the duties of an executor?

A key decision you must make when drafting your estate plan is who to appoint as the…

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Get the word out about IRA qualified charitable distributions Mauldin & Jenkins

Get the word out about IRA qualified charitable distributions

The SECURE 2.0 Act made some enhancements to IRA qualified charitable distributions (QCDs) that may benefit your not-for-profit…

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2 labor-related costs manufacturers need to keep in check: Workers’ comp and unemployment insurance Mauldin & Jenkins

2 labor-related costs manufacturers need to keep in check: Workers’ comp and unemployment insurance

Managing workers’ compensation and unemployment insurance costs is crucial for manufacturers to maintain financial stability. Indeed, without…

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Make year-end tax planning moves before it’s too late! Mauldin & Jenkins

Make year-end tax planning moves before it’s too late!

With the arrival of fall, it’s an ideal time to begin implementing strategies that could reduce your…

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FTC’s ban on noncompete agreements remains in legal limbo for now Mauldin & Jenkins

FTC’s ban on noncompete agreements remains in legal limbo for now

Many employers have used noncompete agreements to prevent departing employees from taking valuable information and key customers…

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Mauldin & Jenkins Serves Up Success at Georgia Accounting Food Fight Mauldin & Jenkins

Mauldin & Jenkins Serves Up Success at Georgia Accounting Food Fight

ALBANY –  Albany employees of Mauldin & Jenkins, a leading assurance, tax, and advisory firm, participated in…

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A real-life example of why a holographic will isn’t enough Mauldin & Jenkins

A real-life example of why a holographic will isn’t enough

Legendary singer Aretha Franklin died more than six years ago. However, it wasn’t until last year that…

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Are your nonprofit board meetings as focused as they could be? Mauldin & Jenkins

Are your nonprofit board meetings as focused as they could be?

According to nonprofit BoardSource, not-for-profit boards that meet monthly should be able to cover all business in…

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Could CRM software help your construction business? Mauldin & Jenkins

Could CRM software help your construction business?

When you read the words “construction software,” the first thing that may come to mind is an…

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Cybersecurity: What Are the Threats and New Insurance Requirements Mauldin & Jenkins

Cybersecurity: What Are the Threats and New Insurance Requirements

By: Tim Lyons, CPA and Jon Hightower, CCSFP, CHQP, CISA, CRISC, CIPT, and FAIR In today’s digitally-driven…

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Is your home office a tax haven? Here are the rules for deductions Mauldin & Jenkins

Is your home office a tax haven? Here are the rules for deductions

Working from home has become increasingly common. The U.S. Bureau of Labor Statistics (BLS) reports that about…

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