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.
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
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
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
While employers look to focus on the diverse needs of their employee, where exactly on the priority list does offering dental insurance to employees fall? Outside of medical and vision, dental insurance is at the top of employees’ list for most desired benefits. Providing dental insurance is not mandatory, but it is a crucial benefit that entrepreneurs and business owners need to … Read More
With health care costs continuing to rise, it is more important than ever for organizations to craft and carefully plan an employee benefits strategy. Integrating HSA-eligible plans (typically QHDHPs) with health savings accounts (HSAs) offers distinct cost benefits, not only for your employees but for your business as well. But according to a recent CDHP Enrollment & Usage Trends Report, … Read More
Most business owners know that success starts with the people you hire. And attracting today’s top talent requires creative, comprehensive benefits. With the right employee benefits package, you can not only recruit the cream of the crop employees, but you’ll also retain the talent you already have. The Framework of an Employee Benefits Package That Wins In the most general … Read More
When your business starts to grow, one of the most exciting milestones to reach is 50 full-time employees. Scaling a business rarely goes without growing pains. But if you don’t prepare, a lot can go wrong. As you move forward, you’ll want to consider how your growth may trigger certain laws and regulations. The closer you get to breaking the … Read More