September 9th, 2011 
Kelley Jensen The Health Reform Law, the Patient Protection and Affordable Care Act, signed by President Obama on March 23, 2010, gives a tax credit to certain small employers that provide health coverage to their employees, effective for tax years beginning in 2010. As the tax filing extension deadlines near, the IRS and the Department of Health and Human Services (HHS) announce a new round of outreach to Small Businesses and Practitioners about the small business health care tax credit.
Posted in Employees, Insurance, Self-employed Health Insurance, You at Work 
Tags: alternative minimum tax and health care credit, average premium for health care credit, business owner taking health care credit, calculating the health care credit for families, calculating the health care credit for S corps, calculating the health care tax credit, deduction for employee health insurance premiums, deduction for health insurance premiums, full time equivalent employees, health care for small business, Health care tax credit, health reform law, IRS notice 2010-44, IRS notice 2010-82, maximum health care credit, patient protection and affordable care act, qualified arrangement, qualified employer, self employed health care tax credit, small businesses, tax credits for small business 
No Comments » September 1st, 2011 Kelley Jensen The Health Reform Law, the Patient Protection and Affordable Care Act, signed by President Obama on March 23, 2010, gives a tax credit to certain small employers that provide health coverage to their employees, effective for tax years beginning in 2010. As a small business owner, what does this mean to you? Are there real tax savings from providing health insurance coverage to your employee? Maybe. Use the following as your guide when talking to your tax preparer:
How does this affect the normal business deduction for expenses paid for employee health insurance premiums?
Posted in Employees, Health Reform, Insurance, Self-employed Health Insurance, You at Home, You at Work Tags: alternative minimum tax and health care credit, average premium for health care credit, business owner taking health care credit, calculating the health care credit for families, calculating the health care credit for S corps, calculating the health care tax credit, deduction for employee health insurance premiums, deduction for health insurance premiums, full time equivalent employees, health care for small business, Health care tax credit, health reform law, IRS notice 2010-44, IRS notice 2010-82, maximum health care credit, patient protection and affordable care act, qualified arrangement, qualified employer, self employed health care tax credit, small businesses, tax credits for small business No Comments »
