Kentucky Small Biz Tax Credit Alert | Lexington News

Kentucky small businesses, this one’s for you: Governor Beshear’s offering up to $25,000 in state tax credits—apply by November 1st to claim it for next year’s taxes. If you miss the deadline, it’ll roll over to 2026. To qualify, you need to be a for-profit business with 50 or fewer employees, have added at least one new full-time job, and invested $5,000+ in equipment or tech in the last two years. The credit amount scales with your job creation and investment. Submit anytime via the Kentucky Cabinet for Economic Development’s website—but early is best if you want this year’s tax break. This program is part of Kentucky’s booming economy, which just shattered historical records for investment and job growth. It’s Governor Beshear’s way of saying thank you to the local entrepreneurs powering the state’s future. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b901bc5b11397123