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Possible new tax credits due to pandemic

Posted at 7:22 AM, Feb 16, 2021
and last updated 2021-02-16 11:19:01-05

You could be eligible for more tax breaks because of the pandemic.

Congress has made changes to the earned income tax credit.

RELATED: Tax season begins on Friday with COVID-related changes

They also created new tax benefits to give small business owners some relief.

Also, small business owners who received a "tax-free" PPP loan can still deduct business expenses they paid for out of pocket.

Finally, if you are self-employed you may be eligible to claim a new sick leave and family leave tax credit.