Tax credits for small businesses
Written by Katie Carpenter
Dec 9, 2013 3:57 PM
According to PA Health Access Network:
"Small businesses with less than 25 employees and average wages of less than $50,000 now qualify for tax credits to help with the cost of coverage for their workers.
In 2011, 131,900 Pennsylvania businesses (68.3% of all businesses with 25 or fewer employees) took advantage of this new tax credit.
These tax credits currently cover up to 35 percent of the cost of coverage, and the maximum value of these credits will increase to 50 percent in 2014."
Tagged under business