What Business Owners Need to Know About Tax Credits

The Internal Revenue Code offers a range of General Business Credits (GBCs) designed to reward businesses that:

Hire employees from targeted groups

Invest in innovation and research

Improve accessibility for individuals with disabilities

Offer employee support programs such as child care or family leave

Adopt clean energy or low-emission technologies

When applied strategically, these credits can significantly reduce your tax liability while advancing compliance and operational goals. This guide outlines major credits available, eligibility requirements, and how to position your business to benefit.