If you are a small business, there is one particular tax credit you may qualify for that can put more money back in your pocket.
What Happens if a Large Business Doesn’t Offer Health Insurance?
Under the Health Reform law, a “Large Business” is defined as one with 51 or more full-time equivalent (FTE) employees. If you are a business with 51 or more FTE employees, you are subject to penalties if you fail to offer health insurance.
What if a Small Business Does Not Offer Health Insurance?
Under the Affordable Care Act, a small business is defined as one with less than 50 full-time equivalent (FTE) employees. Small businesses are not charged penalties for not offering affordable health insurance to employees under the law. If a small business chooses to offer group health insurance, it might qualify for a Small Business Health Care Tax Credit by offering insurance and paying … Read More
The Best Health Insurance Options Geared for Small Businesses in Georgia
When it comes to showing you truly care about your team’s success and well-being, nothing packs a punch quite like benefits. And if you are just starting to figure out what types of benefits to offer, you have several options to consider. For small groups that have fewer than 50 employees, you are not mandated to provide health insurance. But … Read More
Employee Benefits Plan For Your Georgia Company
Great employee benefits shouldn’t be set aside for large companies alone. With the right benefits, your small business can not only attract top talent – you can retain quality employees, too. In their 2015 Workplace Benefits Study, Guardian Life found that 80 percent of workers say a comprehensive benefits package is one of the main things that influences whether they stay … Read More