Tax Credit
Obama Promotes Health Insurance Reform As Pro-Small Business
The political process has been working somewhat in reverse with healthcare reform: instead of selling the bill to the public first and then passing it, supporters are tasked with marketing legislation that has already become law.President Obama is making his move, going on tour to stump for his plan nationwide. He is especially looking to [...]
Health Care Reform and Small Business Health Insurance Plans
How will small business health insurance plans change starting in 2010? President Obama’s Affordable Care Act is all about helping small businesses insure their employees. While nearly 99 percent of large businesses offer benefits to their employees, not even half of small companies do. The act hopes to change that.Here are some ways the care [...]
Small Employers May Be Eligible for a Tax Credit for 2010
Last years Health Insurance Reform included a tax credit that a small employer may be eligible to receive. The credit applies to tax years starting in 2010. A small employer is one who generally employs less than 25 full time employees and the average wage was less than $50,000. I said “generally” because the IRS [...]
Small Business Health Insurance Choices
You know that you are mandated to provide health insurance for your employees. But, you aren’t a big company, in fact, it’s just you and two other employees that make up your entire business staff. So how are you going to afford to pay for the insurance for you and your staff?Over the past few [...]
Obamacare – The Pros and Cons
With the President Obama’s health insurance plan now signed into law, it does not mean that the political struggle between Republicans and Democrats to stop. Republicans state that in a free market system is free from government intervention (no need such regulation/subsidization). Democrats argue persuasively and are full of confidence that in order to get [...]
Health Reform Changes Affecting Small Business
“Don’t tax him. Don’t tax me. Tax the guy behind the tree”- attributed to Former Congressmen RostenkowskiOwners of small businesses and their workers could be severely impacted by the recently enacted health reform legislation. Some key provisions related to tax credits, new excise taxes, penalties, and some higher taxes, all of which depend on a [...]
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