7 Tips About the Small Business Healthcare Tax Credit

Lots of employers are missing out on this tax credit. A recent report from the Government Accountability Office (GAO), the investigative arm of Congress, concluded that only about 181,000 small employers claimed the credit during 2014.

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Are you leaving money on the table? If you pay at least half of employees’ health insurance premiums, you can take a credit of 50% of the premiums on your corporate income tax return.