Tuesday, April 6, 2010

IRS Guidance on Small Business Tax Credits

The Internal Revenue Service (IRS) has launched a website explaining the new small business health care tax credits that were borne out of the new health law. Users can browse the site to find information on: eligibility as well as calculating average annual wages and full-time equivalents.

These credits are available to small businesses with fewer than 25 employees and average annual wages of less than $50,000.

To access the site, click here.

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