Employers that pay at least half the cost of coverage for their staff and meet certain criteria may qualify for a tax credit. Employers are eligible for the maximum credit only if average annual wages don’t exceed a set amount: for 2013 it is $25,000; for 2014 it will be $25,400.
Listen to my interviews with small business & entrepreneurship experts on Business Leader Radio (every 3rd Tuesday, live at 12pm/ET), and find all my radio interviews on Build Your Business Radio’s page where archived shows are available 24/7 for your listening convenience!