Tag : Accountant Carrollton TX

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How Does Obamacare Affect My Business?

How does The Patient Protection and Affordable Care Act of 2010 affect your business?  It depends upon the number of employees you have. Businesses with less than 50 employees are not required to provide healthcare coverage to their employees. However, if your business has fewer than 25 employees, and you choose to provide insurance for those employees, you may be eligible for a credit of up to 50% of the cost of the premiums you paid. If your business has 50 or more employees, the law mandates that if you do not provide affordable health insurance, then you will be assessed Read more