Did your small business have extra expenses as a result of the COVID-19 Pandemic?
If you can answer YES to the following question, you may qualify for tax credits of up to $25,000 from New York State’s new COVID19 Capital Costs Tax Credit Program!

  • Does your business operate in New York State?
  • Did you have $2,500,000 or less of gross receipts in 2021?
  • Does your business employ 100 persons or fewer?
  • Did you make investments to comply with emergency
    orders, regulations, or to increase public safety in
    response to COVID19?

Example investments include, but are not limited to:

  • Purchasing supplies to disinfect or protect against COVID-19 transmission.
  • Installing hand sanitizer stations.
  • Erecting physical barriers to reduce contact.
  • Restocking perishable goods to replace those lost during COVID-19.
  • Installing air purifier systems.
  • Purchasing software, online payment platforms, point-of-sale equipment, or other materials to facilitate contactless payment.
  • Purchasing materials to accommodate increased outdoor activity including heat lamps, outdoor lighting, and materials to create or expand outdoor spaces.

For more information and how to apply, download the PDF.