| Description |
1 online resource (iii, 46 p.) : ill. |
| Note |
Title from title screen (viewed on June 6, 2012). |
|
"May 2012." |
| File Type |
Text in PDF format. |
| Summary |
Many small employers do not offer health insurance. The Small Employer Health Insurance Tax Credit was established to help eligible small employers--businesses or tax-exempt entities--provide health insurance for employees. The base of the credit is premiums paid or the average premium for an employer's state if premiums paid were higher. In 2010, for small businesses, the credit was 35 percent of the base unless the business had more than 10 FTE employees or paid average annual wages over $25,000. GAO was asked to examine (1) the extent to which the credit is claimed and any factors that limit claims, including how they can be addressed; (2) how fully IRS is ensuring that the credit is correctly claimed; and (3) what data are needed to evaluate the effects of the credit. GAO compared IRS data on credit claims with estimates of eligible employers, interviewed various credit stakeholders and IRS officials as well as academicians on evaluation, compared IRS credit compliance documents with the rules and practices used for prior tax provisions and IRS strategic objectives, and reviewed literature and data. |
| Bibliography |
Includes bibliographical references. |
| Note |
"GAO-12-549." |
| System Details |
Mode of access: World Wide Web. |
|
System requirements: Adobe Acrobat reader. |
| Subject |
Small business -- Taxation -- United States -- Statistics.
|
|
Health insurance -- Economic aspects -- United States -- Statistics.
|
|
Tax credits -- United States -- Statistics.
|
|
United States. Internal Revenue Service -- Rules and practice.
|
|
Small Business -- economics -- United States -- Statistics. |
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Insurance, Health -- economics -- United States -- Statistics. |
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Taxes -- economics -- United States -- Statistics. |
| Added Title |
Factors contributing to low use and complexity |
| Gpo Item No. |
0546-D (online) |
| Sudoc No. |
GA 1.13:GAO-12-549 |
|
