Small Business Health Care Tax Credits

The SHOP marketplace website may have been delayed, but employers can still get a tax credit. Credit amount: up to 50% of contributions toward employees’ premium costs (up to 35% for tax-exempt employers). Qualifying employers: Employ 25 or less employees with average earnings of 50% or less. How to apply: Use a health insurance agent who…

Self-Dealing Is Easier In Some States

Where your corporation is organized can make a big difference in what self-dealing (sometimes litigated as “misappropriation of corporate opportunities”) is allowed. The New York Times pointed out the advantages of Nevada incorporation over Delaware for the major owner of Dish Network’s possible purchase of LightSquared, Inc., a broadband wireless company. See http://nyti.ms/1bfXsQe. The story…