IRS Webinar on Small Business Health Tax Credit

December 11, 2013

pic-HealthCostsGiven the recent delays and postponements in the launch of a fully functioning small business (SHOP) health insurance exchange website, the IRS has announced upcoming webinars designed to answer small businesses’ questions about the availability of the Small Business Health Care Tax Credit and how the availability of that tax credit interplays with use of the health exchanges.

Under the Patient Protection and Affordable Care Act (PPACA), certain small employers are eligible for a temporary tax credit for providing employer-sponsored health coverage. To be eligible, employers must pay at least 50% of the premium, have fewer than 25 full time equivalent employees (FTEs), average annual wages below $50,000, and purchase the coverage through a SHOP exchange. This tax credit phases out as the size of the firm and the average employee wage increases.

If you think your firm may qualify, we encourage you or a member of your staff to attend one of these webinars. Each of these webinar town halls will cover the same content, so there is no need to participate in more than one. You can register using the links below:

December 16, 2013 (Monday)

Time: 3:00 PM – 4:00 PM (Eastern Time)

Registration Link: https://events.na.collabserv.com/register.php?id=8a9908f59c&l=en-US

December 18, 2013 (Wednesday)

Time: 3:30 PM – 4:30 PM (Eastern Time)

Registration Link: https://events.na.collabserv.com/register.php?id=4a0ae67512&l=en-US