Posts Tagged ‘tax credits’

K&A Health Care Credit

Not sure if you qualify for the Health Care Tax Credit? Kellogg & Andelson want to help you figure it out. The Small Employer Health Insurance Tax Credit (IRS Code Sec. 45R) is part of the Patient Protection and Affordable Care Act (PPACA), President Obama’s signature health care law that was upheld by the Supreme Court earlier this year. You might be eligible to receive a tax credit of as much as $50,000 per year for 2010 and 2011. Up to 4 million employers may be eligible for the credit, yet fewer than 172,000 claimed it in 2012 because some were unaware and others found the calculations too complex. K&A will help you determine whether you qualify and then prepare your paperwork to help you get what’s owed you.