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# Local Politicians Highlight Health Insurance Tax Credit
- URL: https://bklyner.com/local-politicians-highlight-health-insurance-tax-credit-sheepshead-bay/
- Published: 2011-02-08T16:32:29.000Z
- Updated: 2011-02-08T16:32:29.000Z
- Author: Arthur Borko
- Tags: healthcare, #API-Imported

[![](/content/images/3483/3243202484_876df9acdf.jpg)](http://www.flickr.com/photos/theamarand/3243202484/in/photostream/?ref=bklyner.com)

This guy needs health insurance. (Source: Amarand Agasi/Flickr)

Hey, local business owners, looking to cut some costs and help your employees out?

Senator Charles Schumer and State Senator Marty Golden are [trying to raise awareness](http://www.syracuse.com/news/index.ssf/2011/01/charles%5Fschumer%5Fhighlights%5Fnew.html?ref=bklyner.com) among local businesses of a new federal tax credit that’s part of the Affordable Care Act and can be worth up to $25,000\. It’s called the Small Business Health Care Tax credit, and it helps pay they cost of providing health insurance to your workers. Business with less than 25 employees are eligible; of course, the catch is that you have to offer health insurance to those employees. This is a good opportunity to start if you don’t already.

[According to Senator Schumer](http://www.theithacajournal.com/article/20110127/NEWS01/101270406/1126/news/Not+all+small+businesses+eligible+for+new+health+tax+credit?ref=bklyner.com) about 350,000 small businesses may qualify for the tax break (though some say that number is overstated). If you’re a small business owner and would like to see if you qualify, the National Federation of Independent Business has put up [a calculator to determine your break per employee.](http://www.nfib.com/issues-elections/healthcare/credit-calculator?ref=bklyner.com)

If you’d like to know more about the Affordable Care Act and how it benefits you, check out[ the government’s website](http://www.healthreform.gov/reports/statehealthreform/newyork.html?ref=bklyner.com). You can also check out this page about the [Small Business Health Care Tax Credit](http://www.irs.gov/newsroom/article/0,,id=223666,00.html?ref=bklyner.com).