Small Business Health Care Tax Credit
Do you have a tax credit coming?
You may be eligible for the new Small Business Health Care Tax Credit. Your tax credit could be as much as 35 percent of your premium costs in 2010, enabling you to expand your program to include specialty benefits such as, dental, life, vision and disability insurance and potentially offer a richer plan to employees.
To qualify, you must cover at least 50 percent of the cost of health care coverage for some of your workers based on the single rate, have less than the equivalent of 25 full-time workers, and pay average annual wages below $50,000.
For more information, visit the United for Reform Resource Center.