June 11, 2014
Since 2010, the Small Business Health Care tax credit has been available to eligible small businesses that offer health insurance and have 25 or fewer employees. The purpose of this credit is to help small businesses pay for the premiums on health insurance for their employees.
The following changes have been made to this credit for tax years beginning in 2014:
The credit will work with the new changes as follows:
An eligible employer claims the credit by completing Form 8941 (Credit for Small Employer Health Insurance Premiums) and including it with their federal return.
Businesses that have already filed and later find that they qualified for this credit in 2013 or an earlier year can still claim the credit by filing an amended return for the affected years.
For more information see the following:
Bipartisan Budget Act Extended the Expired Extender Provisions and Included Tax Relief for Victims of the California Wildfires
Feb 15, 2018
Useful IRS Webpages for This Filing Season
Feb 14, 2018
2018 Individual Estimated Payments and the Tax Cuts and Jobs Act
Feb 7, 2018
2018 Tax Cuts and Jobs Act Changes to be Aware of
Feb 2, 2018
Two New Provisions to be Aware of for 2018
Jan 24, 2018
Things to be Aware of for the Upcoming 2018 Filing Season
Jan 3, 2018