Friday, July 23, 2010

Potential tax credits for businesses

In addition to collecting taxes, our office licenses local businesses and interacts with a lot of small business owners. This item in yesterday's Atlanta Business Chronicle may be of interest to several of them:
More than 84 percent of Georgia small businesses with fewer than 25 employees are eligible for tax credits to help pay the cost of employee health coverage, according to a report by Families USA and the small business advocacy group Small Business Majority.

In Georgia, 120,300 small businesses qualify for tax credits and 37,500 of them qualify for the maximum credit of 35 percent...

Read it all here.

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