As part of the new health care legislation, a tax credit is available to small businesses that pay health care insurance premiums for their employees. If your congregation pays for these benefits for your staff, you may well qualify. Stipulations include: the organization must have fewer than 25 employees, the organization must pay at least 50% of the health insurance premium for its staff members, and the average annual wages paid to all staff can’t exceed $50,000. The Center has learned of several Indiana congregations that have received tax credits of up to several thousand dollars. For more information, check out this10-minute video by church tax law expert Richard Hammar: http://www.youtube.com/watch?v=zUYE0LSlw5w, or contact your congregation’s accountant.
303 North Alabama Street, Suite 100
Indianapolis, IN 46204
866-307-2383
info@centerforcongregations.org
Office hours: 8.30 AM to 4.30 PM, Monday - Friday
The Center for Congregations strengthens Indiana congregations by helping them find and use the best resources to address their challenges and opportunities.
© 2011 Center for Congregations. All Rights Reserved.
Privacy Statement | RSS | Site Map | Sign In
