Expanding the Healthcare Tax Credit for Small Businesses

Check out the latest blog post by U.S. Small Business Administration administrator Karen Mills, who paid a visit to Memphis last year.

In her post, Mills advocates making it easier – and less expensive – for small business owners to provide employee health benefits.

From Mills:

Right now, small businesses across America pay an average of 18 percent more to
provide health insurance than large businesses.  While the insurance exchanges
included in the Affordable Care Act will bring these costs down starting in
2014, we need to make it easier for small business owners to provide insurance
to their employees right now. One important part of President Obama’s Fiscal Year 2013 budget proposal expands a tax credit that does exactly that.

For the full version, visit: http://www.whitehouse.gov/blog/2012/02/16/expanding-healthcare-tax-credit-small-businesses

 

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