Lextree
Simply the best software for managing legal entities and documents.
The Berkman Letter
Practical analysis and commentary for business, law, and more.
What does the Affordable Care Act require us to provide to employees as a small business?
The business has grown from 3 to 10 employees over the last year and not sure what we are required to do as far as offering health benefits or providing health insurance info.
Answers
Under ACA, businesses with fewer than 50 employees are not subject to tax penalties if they don't provide employee health insurance benefits, but they may be eligible for certain tax credits if they do provide plans.