New York’s Restaurant Return-To-Work Tax Credit Program
August 13, 2021 / Category: Hospitality Industry , Small Business
A new New York State program offers qualifying restaurants and other hospitality businesses impacted by the COVID-19 pandemic a tax credit of $5,000 per new employee hired, up to $50,000 per business.
Businesses can begin applying through a “Fast Track option” after Aug. 31, 2021, and may want to consider applying as soon as they are able: Once the $35 million in funding is fully allocated, the credit will no longer be available.
To learn more about this tax credit & eligibility, click here.