What tax credits might my business qualify for?

Many businesses qualify for valuable federal and state tax credits that are never identified because their tax advisor is not actively looking for them. Common credits that Yeo & Yeo helps businesses identify and claim include the Research and Development (R&D) Tax Credit for businesses engaged in qualifying innovation and development activities, the Work Opportunity Tax Credit (WOTC) for hiring employees from certain targeted groups, energy efficiency and clean energy investment credits, and various Michigan-specific incentives and credits available to businesses operating in the state. Identifying and properly documenting tax credits requires proactive attention and technical expertise — Yeo & Yeo makes sure your business captures every credit it has legitimately earned.