Tax Credits for Small Business

The Healthcare Reform will bring tax credits for small businesses to help offset some of the costs that they will incur. Read the full article here: http://www.rwbpress.com/2011/01/10/small-business-health-insurance-plans-affordability-through-tax-credits-and-new-health-insurance-laws

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One response to this post.

  1. Posted by Peter Martin, CPA, CVA, CFF on January 12, 2011 at 6:31 pm

    As a CPA with over 25 years experience I can tell you that VERY FEW, if any, small businesses will benefit from the new health care law. The credit phases-out if you have more than 10 employees and disappear at 25 employees. Small businesses would be better served by reducing the cost of health coverage premiums. Premiums seem to increase every year by double digit percentages – how about a government law requiring insurance companies to freeze their premiums for the next five years?

    Reply

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