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Posts Tagged ‘tax credit’
How a Connecticut ‘C’ Corporation can claim the Neighborhood Assistant Act Credit
Connecticut ‘C’ Corporations can avail themselves to the Connecticut Neighborhood Assistance Act Credit.
The concept of the credit is to promote funding for tax exempt and municipal organizations by providing a Connecticut income tax credit for ‘C’ Corporations.
Click here for a List of Approved Program Proposals.
How to Claim the Connecticut Small Business New Employee Tax Credit
Did you know that CT provides tax incentives to hire new employees in small businesses?
The Qualified Small Business Job Creation Tax Credit Program provides incentives to Connecticut’s small businesses to hire new full-time employees. Under this program Connecticut-based businesses with less than fifty employees are eligible for a $200 per month tax credit for each new full-time employee they hire. Below are the guidelines for the program, a link to the application and the contact.
Overview of the Tax Provisions in the 2010 Small Business Jobs Act
The recently enacted 2010 Small Business Jobs Act includes a wide-ranging assortment of tax breaks and incentives for small business paid for with various revenue raisers. Here's a brief overview of the tax changes in the new law.
Three Things a Business Owner Needs to Calculate their Tax Credit for Health Care Premiums
The recent health care reform has allowed eligible businesses to claim a credit for premiums paid for health insurance. For 2010, the maximum credit is 35% of the employer's premium.
Health Care Reform Q&A
Aaron Johnson, CPA was recently featured in Q&A of the Hartford Business Journal. Aaron spoke on health care reform tax credits, changes, and the penalty tax. Read HBJ Article …
