Small Business Health Care Tax Credit filing deadline is May 15
Small credit unions should take advantage of the Small Business Health Care Tax Credit by May 15th. It can provide an unexpected windfall worth thousands of dollars.
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Small Credit Unions May be Leaving Money on the IRS Table
Since the Affordable Care Act took effect in 2010, many small employers have been eligible for a health care tax credit created as part of the bill. One of the few Northwest credit unions to take advantage of the program received a check from the IRS for almost $7,000 for the 2011 tax year.