The recently enacted federal health reform legislation contains provisions for health insurance expense tax credits for small businesses. A qualifying employer must have less than the “equivalent” of 25 full-time workers. Employer eligibility rules, how to calculate the full-time equivalent workforce, amount of credit, how the credit is calculated, how to claim the credit and other important concerns were covered in this 60 minute Webinar hosted by Peter Frittitta, Vice President, Benefits Practice at R&R Insurance Services.
Key elements from the webinar:
- Presentation Slides (PDF)
- Quick & Easy Example #1: LMNOP Company: 18 Employees: 12 FT, 6 PT, 1 owner
- Quick & Easy Example #2: XYZ Company: 31 Employees: 11 FT; 20 PT; 2 owners
- 3 Simple Steps Qualification Form - IRS Small Business Tax Credit Guide
