Attract new groups during this busy open enrollment season with this exclusive tax credit that is only available with CCSB. Small Businesses could be eligible for up to 50% of premium expenses as a for-profit employer. Tax-exempt employers could be eligible for up to 35% of premium expenses. Qualifying groups can apply this tax credit on their Federal Tax Return.
As a helpful resource for your accounts, CCSB has provided the two flyers below:
For questions, please contact a member of your B&P Sales Team - 888.722.3373.
Currently, this federal tax credit is only offered through CCSB and subject to change. Not all businesses will qualify. To verify that your small business is eligible for a federal tax credit, please consult a professional tax adviser. More information can also be found in the instructions for Form 8941: Credit for Small Employer Health Insurance Premiums. *Federal tax credits based on 2018 tax year information.