Small Business Tax Credits

Government Resources
Analysis

Government Resources

IRS Encourages Small Employers to Check Out Small Business Health Care Tax Credit, 3/13/12   

What Employers Need to Know About Claiming the Small Business Health Care Tax Credit, 9/30/11   

Affordable Care Act: Efforts to Implement the Small Business Health Care Tax Credit Were Mostly Successful, but Some Improvements Are Needed, Treasury Inspector General for Tax Administration, 9/19/11

As Tax Filing Extension Deadlines Near, IRS and HHS Announce New Round of Outreach to Small Businesses and Practitioners: About the Small Business Health Care Tax Credit, IRS, 9/7/11  

Important Information for Small Businesses Owners, HHS, 9/7/11  

Analysis of the Small Business Health Insurance Tax Credit and Effects on Coverage, Committee on Small Business Democrats, U.S. House of Representatives, 3/22/11  

The IRS presented a webinar on the small employers tax credit. It is available for viewing on the IRS video portal. 2/16/11

The IRS has released final guidance for small employers eligible to claim the new small business health care tax credit for the 2010 tax year. The release includes a one-page form and instructions small employers will use to claim the credit for the 2010 tax year. 

• Form 8941, Credit for Small Employer Health Insurance Premiums, 12/1/10  
• Form 8941 Instructions, 12/1/10 
• Revised Form 990-T, 12/2/10   
• Notice 2010-82, 12/2/10  

The IRS issued Notice 2010-44 that provides detailed guidance, including  examples, to help small employers determine whether they qualify for the credit and estimate the amount of the credit. Press Release 5/17/10

The IRS issued Revenue Ruling 2010-13 providing the average premiums in each state for the small group market for determining the small employer health insurance credit. 5/4/10 

The IRS has created a video explaining the small business health care tax credit. 4/23/10 

The Internal Revenue Service (IRS) sent postcards to small businesses and tax-exempt organizations to make them aware of the benefits of the  small business health care tax credit. 4/19/20

The IRS has issued a press release announcing available guidance on the new tax credits available to small businesses and tax-exempt organizations that provide health insurance coverage to their employees. 4/1/10 

• Small Business Health Care Tax Credit for Small Employers 
• Affordable Care Act Tax Provisions
• Eligibility Fact Sheet 
• FAQs 

Analysis  

• Good Business Sense: The Small Business Tax Credit in the Affordable Care Act, Families USA and Small Business Majority, 5/3/12 (New) 
• Small Business Health Care Credit Claims Lower Than Expected, CCH Health Reform Talk, 11/14/11  
• Affordable Care Act’s Small Business Tax Credit Available to Employers that Contribute to Multiemployer Plans, Segal, 2/9/11 
• IRS Provides Further Guidance on Operation of the Small Business Health Insurance Tax Credit, Groom Law Group, 1/5/11  
• A Helping Hand for Small Businesses: Health Insurance Tax Credits, Families USA and Small Business Majority, 7/12/10 
• New Tax Credit for Small Employers' Health Insurance Expenses, Holme Roberts & Owen, 6/28/10 
• IRS Issues Guidance on New Small Employer Health Care Tax Credit, Buchanan Ingersoll & Rooney, 5/26/10 
• Guidance on the Small Employer Healthcare Tax Credit, McGuire Woods, 5/24/10 
• 2010 Health Insurance Reform Tax Credit Calculator for Small Business, National Federation of Independent Business, 5/20/10 
• Health Insurance Premium Tax Credit Calculator, Small Business Majority, 5/20/10
• Small Employer Health Insurance Expense Tax Credit Official IRS Guidance, Proskauer Rose, 5/19/10