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Independent Insurance Broker UpdatesDESCRIPTION
Independent Insurance Broker Updates. Small Business Tax Credit. Tax credits for employee health insurance premiums are available to eligible small businesses for the 2010 tax year. A brief summary follows. Tax credits are available to businesses with 25 or fewer full-time equivalent employees paying wages averaging less than 50,000 per employee per year. The calculation of average wages generally excludes owners and owners premiums are usually not eligible for the credits. Employer must report cost o.CONTENT
This web page iibrokers.blogspot.com states the following, "Tax credits for employee health insurance premiums are available to eligible small businesses for the 2010 tax year." We saw that the webpage said " Tax credits are available to businesses with 25 or fewer full-time equivalent employees paying wages averaging less than 50,000 per employee per year." It also said " The calculation of average wages generally excludes owners and owners premiums are usually not eligible for the credits. Employer must report cost o."