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Author: doubtit Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 756975  
Subject: Obamacare - You know about this? Date: 10/3/2012 8:57 AM
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Credit for Small Employer Health Insurance Premiums

I think the Obamacare folks thought this tax credit would encourage small businesses to provide health insurance for employees

1st - I don't know of any businesses that started a health care plan to take advantage of the tax credit

2nd - The companies that had health insurance plans, got some Obama "free stuff".

3rd - More red tape:

Instructions for Form 8941

Recordkeeping 12 hr., 46 min.
Learning about the law or the form 1 hr., 23 min.
Preparing and sending the form to the IRS 2 hr., 48 min.

http://www.irs.gov/pub/irs-pdf/i8941.pdf
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