It’s that time of year again, tax time! As a reminder, businesses may be eligible for the Small Business Health Care Tax Credit. This business tax credit encourages small employers to offer and/or to continue to offer healthcare to their employees by providing a tax credit if certain eligibility criteria are met. The maximum credit for years 2010 – 2013 is 35% for small business owners and 25% for tax-exempt entities.
For additional information, please see the following from United Healthcare. As always, please speak with competent legal and accounting professionals to address your specific situation.