Grants provide free money you don’t have to repay — making them a highly desirable form of business funding. However, though they don’t require repayment, small-business grants may have tax implications for your business. Here’s everything you need to know. Most business grants are taxable A business grant is usually considered taxable income — unless…

Randa Kriss writes for NerdWallet. Email: rkriss@nerdwallet.com.

The article Are Business Grants Taxable? originally appeared on NerdWallet.

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