{"id":1407,"date":"2016-06-21T19:44:14","date_gmt":"2016-06-22T00:44:14","guid":{"rendered":"https:\/\/taxprocenter.proconnect.intuit.com\/?p=1407"},"modified":"2017-10-17T13:32:37","modified_gmt":"2017-10-17T18:32:37","slug":"5-facts-about-the-small-business-health-care-tax-credit","status":"publish","type":"post","link":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/","title":{"rendered":"5 Facts About the Small Business Health Care Tax Credit"},"content":{"rendered":"<p><span style=\"font-weight:400;\">If you or any of your clients are small employers, there is a tax credit that can put money in your pockets.<\/span><\/p>\n<p><span style=\"font-weight:400;\">The <\/span><a href=\"https:\/\/www.irs.gov\/affordable-care-act\/employers\/small-business-health-care-tax-credit-and-the-shop-marketplace\" data-wa-link=\"body_irs-smbmarketplc\" target=\"_blank\"><span style=\"font-weight:400;\">Small Business Health Care Tax Credit<\/span><\/a><span style=\"font-weight:400;\"> benefits employers that:<\/span><\/p>\n<ul>\n<li style=\"font-weight:400;\"><span style=\"font-weight:400;\">Offer coverage through the small business health options program, also known as the SHOP marketplace.<\/span><\/li>\n<li style=\"font-weight:400;\"><span style=\"font-weight:400;\">Have fewer than 25 full-time equivalent employees.<\/span><\/li>\n<li style=\"font-weight:400;\"><span style=\"font-weight:400;\">Pay an average wage of less than $50,000 a year.<\/span><\/li>\n<li style=\"font-weight:400;\"><span style=\"font-weight:400;\">Pay at least half of employee health insurance premiums.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight:400;\">Here are five facts about this credit:<\/span><\/p>\n<ol>\n<li style=\"font-weight:400;\"><span style=\"font-weight:400;\">The maximum credit is 50 percent of premiums paid for small business employers and 35 percent of premiums paid for small tax-exempt employers.<\/span><\/li>\n<li style=\"font-weight:400;\"><span style=\"font-weight:400;\">To be eligible for the credit, you must pay premiums on behalf of employees enrolled in a qualified health plan offered through a Small Business Health Options Program Marketplace, or qualify for an exception to this requirement.<\/span><\/li>\n<li style=\"font-weight:400;\"><span style=\"font-weight:400;\">The credit is available to eligible employers for two consecutive taxable years beginning in 2014 or later. You may be able to amend prior year tax returns to claim the credit for tax years 2010 through 2013 in addition to claiming this credit for those two consecutive years.<\/span><\/li>\n<li style=\"font-weight:400;\"><span style=\"font-weight:400;\">You can carry the credit back or forward to other tax years if you do not owe tax during the year.<\/span><\/li>\n<li style=\"font-weight:400;\"><span style=\"font-weight:400;\">You may get both a credit and a deduction for employee premium payments. Since the amount of your health insurance premium payments will be more than the total credit, if you are eligible, you can still claim a business expense deduction for the premiums in excess of the credit.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight:400;\">For more information, see the <\/span><a href=\"https:\/\/www.irs.gov\/affordable-care-act\/employers\/small-business-health-care-tax-credit-and-the-shop-marketplace\" data-wa-link=\"body_irs-smbmarketplc\" target=\"_blank\"><span style=\"font-weight:400;\">Small Business Health Care Tax Credit<\/span><\/a><span style=\"font-weight:400;\"> page on <\/span><a href=\"http:\/\/irs.gov\/\" data-wa-link=\"body_irs\" target=\"_blank\"><span style=\"font-weight:400;\">IRS.gov<\/span><\/a><span style=\"font-weight:400;\">, and for information about insurance plans offered through the SHOP Marketplace, visit <\/span><a href=\"https:\/\/www.healthcare.gov\/small-businesses\/\" data-wa-link=\"body_healthCare-smb\" target=\"_blank\"><span style=\"font-weight:400;\">Healthcare.gov<\/span><\/a><span style=\"font-weight:400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you or any of your clients are small employers, there is a tax credit that can put money in your pockets. The Small Business Health Care Tax Credit benefits employers that: Offer coverage through the small business health options program, also known as the SHOP marketplace. Have fewer than 25 full-time equivalent employees. Pay<\/p>\n","protected":false},"author":107082828,"featured_media":10697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rkv_reviewed_by_select":[],"rkv_browse_by_id":0,"rkv_cta_id":0,"rkv_optimize_for_pagespeed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"useModifiedDate":false,"customPublishDate":"","customModifiedDate":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[509474089],"tags":[10585,199373],"intuit_collection":[],"intuit_series":[],"coauthors":[509474105],"class_list":["post-1407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-law-and-news","tag-small-business","tag-tax-credits"],"header_image":"","yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Small Business Health Care Tax Credit<\/title>\n<meta name=\"description\" content=\"Learn five key facts about the small business health care tax credit, including eligibility requirements, credit limits, and how to claim it for qualifying employers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Facts About the Small Business Health Care Tax Credit - Tax Pro Center | Intuit\" \/>\n<meta property=\"og:description\" content=\"Learn five key facts about the small business health care tax credit, including eligibility requirements, credit limits, and how to claim it for qualifying employers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/\" \/>\n<meta property=\"og:site_name\" content=\"Tax Pro Center | Intuit\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/IntuitAccountants\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-22T00:44:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-17T18:32:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/06\/small-business-e1535552537481.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"655\" \/>\n\t<meta property=\"og:image:height\" content=\"368\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mike D&#039;Avolio, CPA, JD\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@IntuitAccts\" \/>\n<meta name=\"twitter:site\" content=\"@IntuitAccts\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike D&#039;Avolio, CPA, JD\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/\"},\"author\":{\"name\":\"Mike D'Avolio, CPA, JD\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/person\\\/b0227975128a9f59785bcf23298e81e0\"},\"headline\":\"5 Facts About the Small Business Health Care Tax Credit\",\"datePublished\":\"2016-06-22T00:44:14+00:00\",\"dateModified\":\"2017-10-17T18:32:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/\"},\"wordCount\":289,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2016\\\/06\\\/small-business-e1535552537481.jpg\",\"keywords\":[\"small business\",\"tax credits\"],\"articleSection\":[\"Tax Law and News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/\",\"name\":\"Small Business Health Care Tax Credit\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2016\\\/06\\\/small-business-e1535552537481.jpg\",\"datePublished\":\"2016-06-22T00:44:14+00:00\",\"dateModified\":\"2017-10-17T18:32:37+00:00\",\"description\":\"Learn five key facts about the small business health care tax credit, including eligibility requirements, credit limits, and how to claim it for qualifying employers.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/#primaryimage\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2016\\\/06\\\/small-business-e1535552537481.jpg\",\"contentUrl\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2016\\\/06\\\/small-business-e1535552537481.jpg\",\"width\":655,\"height\":368,\"caption\":\"small business finances\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/5-facts-about-the-small-business-health-care-tax-credit\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"5 Facts About the Small Business Health Care Tax Credit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#website\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/\",\"name\":\"Tax Pro Center | Intuit\",\"description\":\"Tax Pro Center\",\"publisher\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#organization\",\"name\":\"Tax Pro Center | Intuit\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Tax_Pro_Center_Logo_Final_large.webp\",\"contentUrl\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Tax_Pro_Center_Logo_Final_large.webp\",\"width\":872,\"height\":160,\"caption\":\"Tax Pro Center | Intuit\"},\"image\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/IntuitAccountants\",\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/IntuitAccts\",\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/intuitaccountants\\\/?hl=en\",\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/company\\\/intuit-accountants\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/person\\\/b0227975128a9f59785bcf23298e81e0\",\"name\":\"Mike D'Avolio, CPA, JD\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/avatar\\\/f3ceed50af8b58942045dd987b8023288c4219a90fca3380a078d0c5500f723f?s=96&d=identicon&r=g\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/avatar\\\/f3ceed50af8b58942045dd987b8023288c4219a90fca3380a078d0c5500f723f?s=96&d=identicon&r=g\",\"contentUrl\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/avatar\\\/f3ceed50af8b58942045dd987b8023288c4219a90fca3380a078d0c5500f723f?s=96&d=identicon&r=g\",\"caption\":\"Mike D'Avolio, CPA, JD\"},\"description\":\"Mike D\u2019Avolio, CPA, JD, is a tax law specialist for Intuit\u00ae ProConnect\u2122 Group, where he has worked since 1987. He monitors legislative and regulatory activity, serves as a government liaison, circulates information to employees and customers, analyzes and tests software, trains employees and customers, and serves as a public relations representative.\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/author\\\/taxpro18\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Small Business Health Care Tax Credit","description":"Learn five key facts about the small business health care tax credit, including eligibility requirements, credit limits, and how to claim it for qualifying employers.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/","og_locale":"en_US","og_type":"article","og_title":"5 Facts About the Small Business Health Care Tax Credit - Tax Pro Center | Intuit","og_description":"Learn five key facts about the small business health care tax credit, including eligibility requirements, credit limits, and how to claim it for qualifying employers.","og_url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/","og_site_name":"Tax Pro Center | Intuit","article_publisher":"https:\/\/www.facebook.com\/IntuitAccountants","article_published_time":"2016-06-22T00:44:14+00:00","article_modified_time":"2017-10-17T18:32:37+00:00","og_image":[{"width":655,"height":368,"url":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/06\/small-business-e1535552537481.jpg","type":"image\/jpeg"}],"author":"Mike D'Avolio, CPA, JD","twitter_card":"summary_large_image","twitter_creator":"@IntuitAccts","twitter_site":"@IntuitAccts","twitter_misc":{"Written by":"Mike D'Avolio, CPA, JD","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/#article","isPartOf":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/"},"author":{"name":"Mike D'Avolio, CPA, JD","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/person\/b0227975128a9f59785bcf23298e81e0"},"headline":"5 Facts About the Small Business Health Care Tax Credit","datePublished":"2016-06-22T00:44:14+00:00","dateModified":"2017-10-17T18:32:37+00:00","mainEntityOfPage":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/"},"wordCount":289,"commentCount":0,"publisher":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#organization"},"image":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/#primaryimage"},"thumbnailUrl":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2016\/06\/small-business-e1535552537481.jpg","keywords":["small business","tax credits"],"articleSection":["Tax Law and News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/","url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/","name":"Small Business Health Care Tax Credit","isPartOf":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#website"},"primaryImageOfPage":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/#primaryimage"},"image":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/#primaryimage"},"thumbnailUrl":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2016\/06\/small-business-e1535552537481.jpg","datePublished":"2016-06-22T00:44:14+00:00","dateModified":"2017-10-17T18:32:37+00:00","description":"Learn five key facts about the small business health care tax credit, including eligibility requirements, credit limits, and how to claim it for qualifying employers.","breadcrumb":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/#primaryimage","url":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2016\/06\/small-business-e1535552537481.jpg","contentUrl":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2016\/06\/small-business-e1535552537481.jpg","width":655,"height":368,"caption":"small business finances"},{"@type":"BreadcrumbList","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/5-facts-about-the-small-business-health-care-tax-credit\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/accountants.intuit.com\/taxprocenter\/"},{"@type":"ListItem","position":2,"name":"5 Facts About the Small Business Health Care Tax Credit"}]},{"@type":"WebSite","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#website","url":"https:\/\/accountants.intuit.com\/taxprocenter\/","name":"Tax Pro Center | Intuit","description":"Tax Pro Center","publisher":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/accountants.intuit.com\/taxprocenter\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#organization","name":"Tax Pro Center | Intuit","url":"https:\/\/accountants.intuit.com\/taxprocenter\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/logo\/image\/","url":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2022\/10\/Tax_Pro_Center_Logo_Final_large.webp","contentUrl":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2022\/10\/Tax_Pro_Center_Logo_Final_large.webp","width":872,"height":160,"caption":"Tax Pro Center | Intuit"},"image":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/accountants.intuit.com\/taxprocenter\/IntuitAccountants","https:\/\/accountants.intuit.com\/taxprocenter\/IntuitAccts","https:\/\/accountants.intuit.com\/taxprocenter\/intuitaccountants\/?hl=en","https:\/\/accountants.intuit.com\/taxprocenter\/company\/intuit-accountants\/"]},{"@type":"Person","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/person\/b0227975128a9f59785bcf23298e81e0","name":"Mike D'Avolio, CPA, JD","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/avatar\/f3ceed50af8b58942045dd987b8023288c4219a90fca3380a078d0c5500f723f?s=96&d=identicon&r=g","url":"https:\/\/accountants.intuit.com\/taxprocenter\/avatar\/f3ceed50af8b58942045dd987b8023288c4219a90fca3380a078d0c5500f723f?s=96&d=identicon&r=g","contentUrl":"https:\/\/accountants.intuit.com\/taxprocenter\/avatar\/f3ceed50af8b58942045dd987b8023288c4219a90fca3380a078d0c5500f723f?s=96&d=identicon&r=g","caption":"Mike D'Avolio, CPA, JD"},"description":"Mike D\u2019Avolio, CPA, JD, is a tax law specialist for Intuit\u00ae ProConnect\u2122 Group, where he has worked since 1987. He monitors legislative and regulatory activity, serves as a government liaison, circulates information to employees and customers, analyzes and tests software, trains employees and customers, and serves as a public relations representative.","url":"https:\/\/accountants.intuit.com\/taxprocenter\/author\/taxpro18\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/06\/small-business-e1535552537481.jpg","jetpack_shortlink":"https:\/\/wp.me\/pazjGh-mH","jetpack-related-posts":[{"id":2174,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/aca-2015-guide-everything-you-need-to-know-when-preparing-business-tax-returns\/","url_meta":{"origin":1407,"position":0},"title":"ACA 2015 Guide: Everything you Need to Know When Preparing Business Tax Returns","author":"Scott Cytron","date":"January 11, 2016","format":false,"excerpt":"Some of the provisions of the Affordable Care Act (ACA) apply only to small businesses with more than 50 full-time employees (or equivalents). These employers are not subject to the employer shared responsibility provision and won\u2019t be required to pay a penalty if they don\u2019t provide affordable health coverage. Still,\u2026","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"Deductible expenses","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/01\/aca.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1628,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/recent-tax-favored-treatment-for-small-business\/","url_meta":{"origin":1407,"position":1},"title":"Recent Tax-Favored Treatment for Small Business","author":"Sidney Kess, CPA Magazine","date":"August 31, 2015","format":false,"excerpt":"There are numerous instances in which small businesses receive tax-favored treatment compared with their larger counterparts. For the most part, the definition of \u201csmall business\u201d for each tax break varies; the definition can turn on the amount of gross receipts, the amount of assets, or the number of employees. Recent\u2026","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"happy successful tax team","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2015\/08\/happy-team-e1535552288933.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2015\/08\/happy-team-e1535552288933.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2015\/08\/happy-team-e1535552288933.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2163,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/your-clients-aca-reporting-burden-is-ripe-for-automation\/","url_meta":{"origin":1407,"position":2},"title":"Your Clients\u2019 ACA Reporting Burden is Ripe for Automation","author":"Liz Armbruester","date":"January 28, 2016","format":false,"excerpt":"Like most accounting professionals who are already heads-down into tax season, you\u2019re likely still getting questions from clients about the Affordable Care Act (ACA) \u2013 and we can assume they need help fast. There is still time for your clients to prove that they provide their employees with the minimum\u2026","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2015\/12\/business-financial-statement-e1508455577599.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2015\/12\/business-financial-statement-e1508455577599.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2015\/12\/business-financial-statement-e1508455577599.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2015\/12\/business-financial-statement-e1508455577599.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":5107,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/aca-and-employers-how-workforce-size-affects-responsibilities\/","url_meta":{"origin":1407,"position":3},"title":"ACA and Employers: How Workforce Size Affects Responsibilities","author":"Mike D'Avolio, CPA, JD","date":"November 28, 2016","format":false,"excerpt":"It is the third year for reporting for the Affordable Care Act (ACA), and many new business owners may be wondering if there are any actions they need to take to ensure their business and employees are in compliance. Here\u2019s what you need to know to help your clients sort\u2026","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/11\/herodec.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":2139,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/affordable-care-acts-employer-mandate-kicks-in-this-year\/","url_meta":{"origin":1407,"position":4},"title":"Affordable Care Act&#8217;s Employer Mandate Kicks in This Year","author":"Mike D'Avolio, CPA, JD","date":"August 19, 2015","format":false,"excerpt":"The Employer Shared Responsibility (ESR) Provision, or the mandate that employers need to cover their employees with health insurance, becomes effective in tax year 2015. Here is an overview of the various company sizes that are subject to the penalty provision and when the mandate applies. The number of employees\u2026","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"health care and taxes","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2015\/08\/health-care-and-taxes-e1535552263176.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2015\/08\/health-care-and-taxes-e1535552263176.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2015\/08\/health-care-and-taxes-e1535552263176.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":5647,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/21st-century-cures-act-relieves-small-business-health-care-burden\/","url_meta":{"origin":1407,"position":5},"title":"21st Century Cures Act Relieves Small Business Health Care Burden","author":"Intuit Accountants Team","date":"December 19, 2016","format":false,"excerpt":"On Dec. 13, 2016, President Obama signed into law the 21st Century Cures Act. Title 18 of the law exempts qualified small employer health reimbursement arrangements (HRAs) from group health plan requirements. This eliminates the severe penalties the IRS placed on businesses for reimbursing individuals for buying their insurance -\u2026","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"Affordable Care Act and taxes","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/10\/affordable-care-act-e1535552446324.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/10\/affordable-care-act-e1535552446324.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/10\/affordable-care-act-e1535552446324.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts\/1407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/users\/107082828"}],"replies":[{"embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/comments?post=1407"}],"version-history":[{"count":4,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts\/1407\/revisions"}],"predecessor-version":[{"id":3258,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts\/1407\/revisions\/3258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/media\/10697"}],"wp:attachment":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/media?parent=1407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/categories?post=1407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/tags?post=1407"},{"taxonomy":"intuit_collection","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/intuit_collection?post=1407"},{"taxonomy":"intuit_series","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/intuit_series?post=1407"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/coauthors?post=1407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}