60% of All Small Businesses Are Unaware of Tax Credits

Does your company have fewer than 25 full-time employees with an average annual wages below $50,000?

If Yes, please see the tax credits available to your company below.

 

Eligible companies have fewer than 25 full-time employees with average annual wages below $50,000.  The top tax credit, worth 35% of the cost of the premiums, is available to employers with 10 or fewer employees.

The law calls for the maximum small-business tax credit to rise in 2014 to 50% of premium costs for eligible employers that subsidize their employees’ health insurance costs.

60% OF ALL SMALL BUSINESS EMPLOYERS ARE UNAWARE OF THE TAX CREDITS AVAILABLE.

ARE YOU ONE OF THOSE BUSINESS?

For more information contact a Benchmark Planning Representative.

7 Broad Street Suite 2N

Red Bank, NJ 07701

732.678.8801