Some of the provisions of the Affordable Care Act, or health care law, apply only to small employers, generally those with fewer than 50 full-time employees or equivalents.
If you have fewer than 50 employees, but are a member of an ownership group with 50 or more full-time equivalent employees, you are subject to the rules for large employers.
|Coverage||Reporting||Payments & Credits|
|If you have 50 or fewer employees, you can purchase affordable insurance through the Small Business Health Options Program (SHOP). |
To learn more about how the Affordable Care Act may affect your business, visitHealthCare.gov.
|You must withhold and report an additional 0.9 percent on employee wages or compensation that exceed $200,000. Learn more. |
You may be required toreport the value of the health insurance coverage you provided to each employee on his or her Form W-2.
Effective for calendar year 2015, if you provide self-insured health coverage to your employees, you must file an annual return reporting certain information for each employee you cover. This rule is optional for 2014. Learn more.
|You may be eligible for theSmall Business Health Care Tax Credit if you cover at least 50 percent of your full-time employee’s premium costs and you have fewer than 25 full-time equivalent employees with average annual wages of less than $50,000. |
If you self-insure, you may be required to pay a fee to help fund the Patient- Centered Outcomes Research Trust Fund.
To view the website, go to: http://www.irs.gov/Affordable-Care-Act/Employers/Affordable-Care-Act-Tax-Provisions-for-Small-Employers
“Affordable Care Act Tax Provisions for Small Employers.” Affordable Care Act Tax Provisions for
Small Employers. N.p., 9 Dec. 2014. Web. 11 Mar. 2015.