Tax Credit Report: 7 in 10 Small Businesses Eligible for Combined $15.4 Billion in Healthcare Tax Credits
Posted: May 10, 2012Since the enactment of federal health care reform, hundreds of thousands of small business owners across the country have been able to claim a tax credit for offering their employees health benefits — and millions more are eligible, according to a report released today by advocacy group Small Business Majority and consumer group Families USA. For tax year 2011, seven in 10 small businesses with 25 or fewer employees are eligible for the credit.