Eligible small businesses can qualify for federal tax credits of up to 50% on premiums to help pay for the cost of providing health insurance. This exclusive tax credit is only available through Covered California for Small Business. Qualifying groups can apply this tax credit on their Federal Tax Return.
For Small Business Clients that:
- have fewer than 25 full-time equivalent employees
- pay an average wage of less than $56,000 a year
- pay at least half of their employees’ health insurance premiums
Then, there is a federal tax credit that may put money back in their pocket. To learn more, click here.
Click below to download flyers to share with your clients: