You've heard about the credit and the detailed calculation that it requires.  With a little guidance, our worksheet can help you determine the amount of credit you may receive on your 2011 tax return!

• Quickly gather the information required for the calculation.
• Offset tax dollar-for-dollar with a valuable credit.

To qualify, a small business must:

• Have fewer than 25 full-time equivalent employees
• Pay average annual wages below $50,000 per FTE
• Contribute at least 50% of each employee’s premium

Note:

• Owners are excluded, and should not be counted in the number of employees, wages or premium contribution amount.
• Tax credits can not be larger than actual income tax liability.

Please call our office should you have any questions on how to fill out the worksheet!  Our phone number is (712) 324-4614.