Small business owners know that offering their employees a high-quality health insurance coverage is a competitive advantage in today's labor market. Providing health insurance to employees helps you recruit and retain the best talent. It also helps keep your employees healthier, happier and more productive.
For over twenty years, trust and service have been the foundation of Advocate Insurance Services (AIS). We focus on serving companies and individuals who need unique solutions in employee benefits.
When you choose AIS, you are eligible for a full suite of integrated business and HR services. In essence AIS partners with you as your back office specialists with access to Human Resource Specialists, Payroll Companies and MORE! It is all part of the INTEGRATED SERVICES that we offer our clients as their Benefits Specialist!
|Small Business Tax Credit Examples||Beauty Shop with 10 Employees||Beauty Shop with 10 Employees|
|Business||Main Street Hair||Downtown Cafe|
|Employees||10 full-time equivalent employees||40 half-time employees (equivalent to 20 full-time workers)|
|Wages;||$250,000 total, or an average of $25,000 per employee||$500,000 total, an average of $25,000 per full-time equivalent worker|
|Employee Health Insurance Cost||$70,0000=||$24000|
|2013 Tax Credit||$24,500 (35%)||$28,000 (35%)|
|2014 Tax Credit||$35,000 (50%)||$40,000 (50%)|