Banner Campaign is 4-months beginning 2/15/2010 at 3pm and will run until 3pm 6/15/2010
WebWLDS/WEAI Only

Small business health care tax credit available

Jacksonville-area small business owners take note. 

Almost 159,000 small businesses are eligible for tax credits to help pay for employee health insurance, according to the health organization Families USA. That amounts to 79 percent of Illinois businesses with 25 or fewer employees.

Jonathan Vander Brug of the Campaign for Better Health Care says he doesn’t know how many will participate. "It's there for them to take advantage of it," says Vander Brug. "We've seen this with other small business tax credits and other opportunities like this."

To get the tax credit, the average employee salary must be $50,000 or less and the employer must pay half the cost of health insurance. The tax credit is up to 35 percent of the cost of insurance for this year, and will be up to 50 percent in 2014.

"Specifically in Illinois, 160,000 businesses will be eligible for this tax credit," says Vander Brug.

Vander Brug says small businesses typically pay more for insurance and get less coverage than medium-sized and large businesses.

The tax credit is in effect for Tax Year 2010.

 

News Notes
9-8-2010

CICBC blood drive
9 a.m. to 1 p.m. at the Jacksonville Police Department

Illinois College chapel service
10 a.m. at Rammelkamp Chapel

 

 

 

 

E-mail your events to news@wlds.com

WLDS-WEAI Audio Vault

What's On Your Mind
10:30 a.m. on WLDS

Monday 9-6-2010
NO SHOW

Wednesday 9-8-2010
Greene County Days
Kim Carter

Friday 9-10-2010
Concert in the Cornfield
Sheila Meyers

Have questions for our guests?
E-mail them to
news@wlds.com. 


Listen to the latest podcast

Weekly Newscast Schedule

Listen to live newscasts daily and breaking news as it happens. If you have a news story or press release for us to consider, call the news department at (217) 245-7171 or email us at news@wlds.com.

WLDS 1180 AM Mon - Fri Newscasts:

6:30, 7:30, 8:06, 9:00, 12:35, 3:06, 4:30, 6:09

WLDS 1180 AM Saturday Newscasts:

6:30, 7:30, 8:06, 9:00, 12:35, 4:30

WEAI 107.1 FM Mon - Fri Newscasts:

6:50, 7:50, 12:50, 5:05, 10:00

WEAI 107.1 FM Saturday Newscasts:

6:50, 7:50, 12:50, 5:05

National News Stories