Consider These Tax Credits for Your Business in 2016

ThinkstockPhotos-486915352 (1)It’s that time of the year again. Yes, tax season is upon us. As a business owner you’re most undoubtedly searching for ways to offset costs while securing lower effective tax rates.

Are you aware of the tax credits that your business should consider leveraging in 2016? Having an understanding of the top categories of tax credits can help you offset your costs by capturing tax credits and incentives for which your company may be eligible. There are many incentives for investments, hiring and employment, and training tax credits among others.

The question is, where do you start looking for tax credits to help you? This infographic created by ADP lays out six tax credit categories employers should consider in 2016 to help save your company money this year.

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Paul Vanhuysen
Paul Vanhuysen is director of tax, ADP Tax Credit Services.

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