Believe me, when Wall Street opposed the Health Care Law it wasn't simply to continue to exploit Medicare Advantage, it went far futher than that !
...After more than a year of intense debate followed by the passage of the national health-care reform bill in March, many people are anxious to see the landmark law's promised benefits. (click title to entry - thank you)Fortunately, the wait is over for Alabama's small businesses. At a time when the communities around this state sorely need an economic boost, thousands of Alabama's small businesses are eligible for significant benefits.
For 2010, more than 50,000 Alabama small businesses with fewer than 25 employees are eligible for a tax credit to help pay the cost of providing employee health coverage, and nearly 16,000 of the state's smallest businesses, those with fewer than 10 workers, qualify for the maximum 35 percent credit. The maximum credit for non-profit small businesses, which already receive tax benefits due to their status, is 25 percent.
In all, approximately 88 percent of Alabama's small businesses with fewer than 25 employees are eligible for the credit. These figures are from a report recently released by the consumer health organization Families USA and the small business advocacy group Small Business Majority. Additionally, beginning in 2014, the maximum tax credit will rise to 50 percent for traditional small businesses and 35 percent for small non-profits, further buoying those businesses providing health coverage for their employees....
