When President Biden signed the Inflation Reduction Act (IRA) into law in August, most of the headlines covered the law’s climate change and health care provisions. But the law also enhances an often overlooked federal tax break for qualifying small businesses. The IRA more than doubles the amount a qualified business can potentially claim [...]

Are you looking for 70% Missouri Tax credits? Missouri recently changed a law to the qualified Pregnancy Resource Center (PRC) credit, beginning Jan. 1, 2021, to increase from 50% to 70% for centers that applied and were approved.  Then, on July 1, 2021, the allotment went from a very limited amount spread across all [...]