Available now – Your business may qualify for a health care tax credit

Description

Abstract: Many of the changes inherent in the Patient Protection and Affordable Care Act (PPACA) don’t take effect for several years. But one significant tax break is available now: a tax credit designed to encourage small businesses to offer or maintain affordable health insurance for their employees. This article explains the details of this credit, and how to determine whether a particular business qualifies. A sidebar offers an example of the calculations for one fictitious company.