PORTLAND, Ore. Feb. 1, 2011 Oregon
Oregon Don Antonucci Oregon
As part of the new health care reform law, many small businesses with fewer than 25 employees may qualify for a tax credit––up to 35 percent of their premium costs. The tax credit is an incentive to help small businesses start or continue to offer and pay for employee health coverage.
To qualify for the tax credit, small businesses must:
- Have fewer than 25 full-time employees (or its equivalent)
- Pay at least 50% of its employees’ premiums