Tip Tuesday: Tax Credit For Small Groups

Under the Affordable Care Act, the Internal Revenue Services issued guidance to encourage small groups to offer health care coverage for the first time or enable them to maintain the coverage they currently have. IRS Notice 2010-44 provides guidelines to help small group employers determine whether they qualify for the credit and estimate the amount of the credit.

If you are a small employer (business or tax-exempt) that provides health insurance coverage to your employees, determine if you may qualify for the Small Business Health Care Tax Credit by clicking here and following three simple steps.

Until Next Week,
Michelle D.