Q: Your Obamacare to do list: Claim your tax creditSource: Inc.
If you have 25 or fewer full-time equivalent employees, pay average annual wages below $50,000, and pay at least half of the premium cost for employee-only health insurance, the government wants to help you. Really. The Small Business Health Care Tax Credit has been available since 2010, but in 2014, the maximum credit is increasing, from 35 percent of employer-paid premiums to 50 percent. Qualifying businesses will be able to claim the expanded credit for up to two consecutive years.