The single most important mis-understood fact affecting small business employers is that ONLY employers that have over 50 full-time employees will pay a penalty starting in 2014 if they are not offering affordable health insurance coverage.  Obviously, that means a lot of small businesses will not have this requirement.

However, employers with 25 or fewer full-time employees who offer health insurance from 2010 to 2013 with average annual wages less than $50,000 may be eligible for a tax credit of up to 35% of the Employer’s total premium cost.  This is a powerful incentive for Small Businesses to offer health insurance to Employees.

Check with your Accountant to see how this might benefit you over the next several years.