It’s time for small to medium-sized business owners to begin compiling information to file their taxes for 2021. This year has been challenging, so for many small and midsize businesses, maximizing tax deductions and credits is critical. Whether it’s for the most basic or the most complex deductions, use this checklist to assure you’re taking advantage of all the opportunities available under the law.

The IRS has information SMBs can use to help compile the necessary paperwork for filing. If you received funds under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Paycheck Protection Program (PPP), the PPP Flexibility

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