How to Save Money With the Small Business Health-Care Tax Credit Accountant Mark Kohler explains the three rules for how to maximize this credit.

By Mark J. Kohler

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Not sure how to navigate the new tax rules regarding health care? Attorney and CPA Mark Kohler says you might want to take advantage of what's called the Small Business Health Care Tax Credit. Here, Kohler offers three important rules for maximizing your savings with this credit:

1. It is only available to business owners who have 25 or fewer full-time employees.
2. The average wage base for all of your full-time employees must be $50,000 or less.
3. Employers must cover at least 50 percent of employee health insurance premiums.
Mark J. Kohler

Entrepreneur Leadership Network® VIP

Author, Attorney and CPA

Mark Kohler, M.PR.A., C.P.A., J.D., is a highly respected Founding and Senior Partner at KKOS Lawyers, specializing in tax, legal, wealth, estate, and asset protection planning. With a reputation as a YouTube personality, best-selling author, and national speaker, Kohler is dedicated to guiding clients through complex legal and financial landscapes to achieve their American Dream. He also serves as the co-founder and Board Member of the Directed IRA Trust Company and has launched the Main Street Certified Tax Advisor Program to train CPAs and Enrolled Agents nationwide. As the co-host of The Main Street Business Podcast and The Directed IRA Podcast, he simplifies intricate topics like legal and tax strategy, asset protection, retirement, investing, and wealth growth. Mark Kohler's commitment to helping entrepreneurs and small business owners attain success and financial security has made him a trusted expert in the field, benefiting countless individuals and businesses in navigating the financial and business world with confidence.

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