Tax-Exempt Employers May Be Eligible for Healthcare Insurance Tax Credit

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For certain tax-exempt organizations, there is a new incentive for providing healthcare insurance coverage for their employees. In the recently enacted healthcare law, the Patient Protection and Affordable Care Act, a tax credit will be available to qualifying small businesses and tax-exempt employers that pay the premiums of their employees’ healthcare insurance coverage.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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