Hidden money that is. Many small businesses miss available monies which can be taken as credits on their tax return. Fortune Small Business writes that as a business you might be eligible to take additional credits “if your business innovates in areas such as Products, Improving Processes, Better Energy Efficiency and/or Environmental Improvements”.

Products: If your company develops a new product or significant improvement to an old one.

Improving Processes: If your business creates a way to boost their operating efficiency or quality.

Better Energy Efficiency: Designing a better solar cell, boosting a battery’s life, reducing computer energy consumption. (Many companies are jumping on the “green” bandwagon and are getting paid for making their location more energy efficient).

Environmental Improvements: Reducing carbon emissions (on certain levels).

Some companies are able to earn money just by taking the necessary steps to conserve energy during certain parts of the day. Any business owner should check with their local energy conservation council to see how they can “go green”. Check out this website: www.neep.org FMI.

Read the entire article posted by Fortune Small Business at: http://money.cnn.com/2008/01/22/smbusiness/found_money.fsb/index.htm