GT Insurance Blog

Insurance problems and cures

Tax Credit for Employee Health Insurance Expenses of Small Employers

leave a comment »

Go to IRS.gov and Bulletin Notice 2010-44.
This provides step by step guidance to see if your small business can get tax credits to offset part of its Health Insurance costs.

Basics: Less than 10 full-time equivalent employees, averaging less than $25,000 annual wages. Phases out between 10 and 25 employees and between $25,000 and $50,000 average annual wages.
Credit: up to 35% of the business’ Health Insurance premium costs in 2010 and up to 50% in 2014.

For more information, call us at 1-800-548-2329.  www.GBWinsurance.com

Written by gbwinsurance

July 10, 2010 at 10:14 am

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: