Millions of small businesses could be eligible for health care tax credits – health insurance
Category Health, Insurance | Monday, May 17th, 2010
health care tax credits
As many as 4 million small businesses might be eligible for federal tax credits to help cover the cost of health insurance for their workers, administration officials said Monday, one of the first benefits to flow from the recently enacted health-care overhaul.
Not all of the firms will be eligible for the credits immediately, because not all of them currently offer insurance, Assistant Treasury Secretary Michael Mundaca said on a conference call with reporters