Tax Credit for Small Businesses Offering Health Insurance to Employees

For 2014 the tax credit for small firms that offer health coverage rises to 50% of what they pay for insurance purchased through one of the health care insurance exchanges. The full credit is only available for companies with 10 or fewer full time employees with average wages of $25,400 or less. The credit is reduced for companies with more employees or higher average pay.

This is worth looking into.

- Mark S Gleason CPA
  www.lakes-cpa.com