Insurance News

IRS Adds Web Info on Small Biz Health Insurance Tax Credit

Posted on: April 7, 2010

The Internal Revenue Service has updated its Web site to provide information to small employers regarding the new tax credit for providing health coverage.

The new Web pages include a graphic to help employers quickly determine if they qualify for the credit; scenarios that explain how much certain businesses and exempt organizations would benefit from the credit; tax tips on taking the credit, and a set of questions and answers.

The IRS is encouraging small employers to carefully consider the tax credit.

By WebCPA Staff

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