|
Veterinary practice owners may earn new tax break
The Small Business Health Care Tax Credit could pay up to 35 percent of the healthcare premium costs you pay for employees. In 2014, that rate jumps to 50 percent. To qualify, you must pay at least 50 percent of your employees' premiums. The credit phases out gradually for businesses with employees whose average wages are between $25,000 and $50,000 and for businesses with 10 to 25 full-time-equivalent workers. To find out more, check with your accountant or tax preparer or visit the IRS online.
|
||||||||||||||||||||