IRS issues final regs on the health care tax credit
Under final ACA regulations, employers that have fewer than 25 full-time equivalent employees who earn up to $50,000 (adjusted for inflation), and that make nonelective contributions equal to at least 50% of employees’ health premiums, are eligible for a 50% health care tax credit (35% for nonprofits).
To continue reading this page, become an
HR Specialist Premium Plus member today!
HR Specialist Premium Plus member today!
Your subscription includes:
Ask the Attorney: Answers to your HR legal questions
Compliance Guidance: Access to 7,000 HR news articles, updated daily, sorted by state
State-by-State: Summaries of HR laws in all 50 states
Manager's Training Library: a treasure trove of printable training guides
Memos to Managers for simple staff training
The Hiring Toolkit: Job descriptions, interview questions & exemption tests for 200+ positions
Webinar of the Week: Train instantly with recent recordings
Sample Policies, Weekly Podcasts, Q&As and much, much more ...