You may qualify for a tax credit
Small business owners may qualify for a federal tax credit to help offset the cost of providing health insurance by purchasing coverage with Covered California for Small Business (CCSB). To qualify for a tax credit, employers must contribute at least 50 percent of their employee premium costs. The maximum available tax credit is 50 percent of insurance premium expenses and is available for a total of two consecutive years.
Learn more about CCSB and how to calculate your tax credit at CoveredCA.com.