Economic Injury Disaster Loan (EIDL) Limit Increases

Economic Injury Disaster Loan (EIDL) Limit Increases

The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021, the SBA is raising the loan limit...
Research and Development Tax Credit

Research and Development Tax Credit

An overlooked source of cash for New York manufacturers is the Research and Development (R&D) tax credit. This incentive helps companies to grow by reducing its tax liability for qualified R&D expenditures. Most manufacturers are unaware that their efforts...
American Rescue Plan Impacts for Small Businesses

American Rescue Plan Impacts for Small Businesses

On March 11, 2021, President Biden signed the American Rescue Plan Act into law, which provides additional relief for the nation’s small businesses and hard-hit industries for programs the Small Business Administration (SBA) is currently administering and adds new...