LAFAYETTE, Ind. (WLFI) -- Small business owners may be getting a boost to help with remote work expenses.
That's if a bill co-authored by Republican Senator Todd Young becomes law.
"By the time we bought all new laptops for everybody and removed them off of physical PCs, that adds up very quickly," said Brian Barrett.
For Barrett, that number totaled about $20,000.
"We've spent a lot of money as far as virtualization and software upgrades," Barrett said.
Barrett co-owns APS Workforce Management. The company helps other businesses with payroll software.
He said going virtual was already part of the plan, but the COVID-19 pandemic had them rushing to get employees working remotely.
"There was just a lot of coordination of getting all that pulled together in such a short amount of time," Barrett added.
He said some of the businesses he works with haven't been so lucky.
"You're buying equipment that you may not have had at home and/or office supplies," said Barrett. "So, it's just an unknown that they're having to spend that money."
Recently introduced legislation could help businesses recoup unexpected expenses.
The AT HOME Act gives a tax credit to small businesses to help with the costs of remote working.
Teachers can also use the credit for the costs of virtual teaching.
"There are a number of people who are finding it difficult to find the resources to be able to adapt to this new normal right now," said Sen. Young. "I think, as a matter of public policy, it's incumbent upon us to help them out."
The credit is capped at $2,000 per employee. It allows $50,000 per businesses with up to 100 employees.
Barrett said that money could make a big difference for businesses.
"It would allow them the ability to return some of those funds back into their capital expenditures that they may not have planned on before," Barrett said.
The bill was introduced to the senate on Aug. 4. It now goes to the the Committee on Finance for further consideration.