Do you own or run a small business or tax-exempt group with fewer than 25 full-time employees? If you do, you should know that the Small Business Health Care Tax Credit can help you provide insurance to your employees. You may be able to save on your taxes if you paid for at least half of their health insurance premiums. Here are several things that you should know about this important credit: Maximum Tac Credit, Number of Employees, Qualified Health Plan,Average Annual Wages, Half the Premium, Two Year Limit and Tax Forms to use.
For more information about these credits, please contact me, [email protected].