IRS Releases Additional Guidance on Small Biz Healthcare Tax Credit

摘要

Earlier this month, the Internal Revenue Service (IRS) released a new form and guidance relating to the small business healthcare tax credit for the 2010 tax year. The publication addresses issues relating to employer eligibility for the credit. The Patient Protection and Affordable Care Act (healthcare reform) provides tax credits for small businesses beginning after 2009. The goal was to encourage small businesses and small tax-exempt organizations to offer coverage for the first time, or to maintain existing coverage.