News Headlines Article

Small businesses running out of time for health care tax credit
Sacramento Business Journal

Many small employers qualify for a health care tax credit under the federal health reform law — but they must file by the March 15 corporate tax filing deadline, according to the California Chamber of Commerce. The credit is intended to help small businesses and small tax-exempt organizations afford the cost of providing health benefits for their employees. It equals up to 35 percent of the insurance premium costs small employers pay for providing health benefits to their workers.