Tax Credits vs. Deductions: Why Credits Are More Valuable
A deduction reduces your taxable income. A credit reduces your tax bill dollar for dollar. That means a Custom Consultation credit is worth Custom Consultation in savings β regardless of your tax bracket. Most small business owners focus on deductions and miss significant credits entirely.
The Small Business Health Care Tax Credit
If you have fewer than 25 full-time employees with average wages under Custom Consultation (2025), and you pay at least 50% of their health insurance premiums, you may qualify for a credit worth up to 50% of those premiums.
The Work Opportunity Tax Credit (WOTC)
Hire from certain target groups β veterans, long-term unemployed, ex-felons β and you can claim a credit of up to Custom Consultation per qualifying employee. The paperwork is straightforward, but most businesses never file the claim.
Research and Development (R&D) Credit
This isn't just for tech companies. If you've developed a new product, process, or software β even internally β you may qualify. Startups can even apply the credit against payroll taxes.
Disabled Access Credit
Businesses with revenues under $1 million or fewer than 30 employees can claim a 50% credit on accessibility improvement expenses between Custom Consultation and Custom Consultation.
How to Make Sure You're Not Missing Credits
The challenge with credits is that they require specific documentation and timing. Our AI intake system proactively asks about hiring patterns, insurance costs, and business improvements specifically to identify credit eligibility before it's too late.