Author Topic: NY COVID-19 Capital Costs Tax Credit  (Read 1888 times)

Offline cgr

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2017
  • Posts: 4402
  • Total likes: 1357
  • DansDeals.com Hat Tips 7
    • View Profile
NY COVID-19 Capital Costs Tax Credit
« on: July 11, 2022, 11:44:22 AM »
Provides a tax credit of up to $25k to small businesses that expended funds in order to comply with public safety measures during the pandemic.
The application portal is expected to open in Fall 2022.

https://www.governor.ny.gov/news/governor-hochul-invites-small-businesses-check-eligibility-250-million-covid-19-capital-costs

https://esd.ny.gov/covid-19-capital-costs-tax-credit

Offline cgr

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2017
  • Posts: 4402
  • Total likes: 1357
  • DansDeals.com Hat Tips 7
    • View Profile
Re: NY COVID-19 Capital Costs Tax Credit
« Reply #1 on: October 26, 2022, 04:03:27 PM »
Applications are now available for this program.

If credit certificate exceeds taxes owed, the balance will be issued as a tax refund.

Offline dovy2

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Oct 2012
  • Posts: 2389
  • Total likes: 300
  • DansDeals.com Hat Tips 24
    • View Profile
Re: NY COVID-19 Capital Costs Tax Credit
« Reply #2 on: October 26, 2022, 10:28:22 PM »
Applications are now available for this program.

If credit certificate exceeds taxes owed, the balance will be issued as a tax refund.
non profits eligible?

I filled out the pre-application and I guess we'll wait and see
« Last Edit: October 26, 2022, 11:01:13 PM by dovy2 »