CCSB: Exclusive Tax Credit for Small Businesses

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:

• The Tax Credit Flyer outlines how Small Businesses will qualify and the substantial credit your groups could be eligible to receive.
• The Tax Credit How-To Guide was created for your clients to share with their tax professional.

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.