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More letters going to MD small businesses about tax credits

October 10, 2013

Thanks to Maryland’s Comptroller Peter Franchot, about 5,000 more businesses in Anne Arundel County will be informed about new tax credits to help off-set their health care costs. The Comptroller’s office identified these businesses as potentially eligible for the tax credits based on their number of employees and reported average salary from previous tax filings. […]... Read more »

Comptroller notes tax credit with health care reform

July 23, 2013

WBAL TV Published 2:44 PM EDT Jul 19, 2013 Credit available to small businesses to help offset costs ANNAPOLIS, Md. —The comptroller of Maryland is calling attention to a tax credit available to small businesses to help offset costs relating to the federal health care overhaul. Comptroller Peter Franchot is participating in a pilot program to see […]... Read more »

Officials promote health insurance tax credits to small businesses

Baltimore Sun July 22, 2013 By Lorraine Mirabella State and local officials are trying to promote public awareness of a little-known federal tax credit to help small businesses cover some of the costs of providing health insurance to their workers. Maryland Comptroller Peter Franchot launched a campaign Monday to encourage small-business owners in Howard County […]... Read more »

MD Comptroller urges small businesses to use Affordable Care Act tax credits

CBS News-Local July 22, 2013 BALTIMORE (WJZ) — Comptroller Peter Franchot encouraged small businesses to take advantage of the tax credits under the Affordable Care Act on Monday morning at Howard County Community College. The announcement is the first time in the nation that a state financial official has proactively urged small businesses to use the tax credits. “We […]... Read more »

Obamacare is working in Maryland

Baltimore Sun Letter to the Editor July 22, 2013 Recently President Obama reminded the nation what we in Maryland already know: The Affordable Care Act is already delivering “more choices, better benefits, a check on rising costs and higher quality care.” Just ask Prince George’s County business owner Jamal Lee. Mr. Lee visited the White House to share how the ACA’s tax credits […]... Read more »

Franchot promotes federal health insurance tax credits for small businesses

He joined a number of health care advocates and politicians in Columbia on Monday to announce his outreach to over 5,000 small businesses in Howard County.... Read more »

Franchot notes tax credit with health care reform

July 22, 2013

Small employers that provide health coverage are eligible for the tax credit if they have fewer than 25 full-time equivalent employees for the tax year, pay less than $50,000 in annual wages for the employees and pay at least 50 percent of the employee-only premium cost.... Read more »

MD official urges businesses to take part in program for tax credits in health care reform

July 19, 2013

The Associated Press July 19, 2013 ANNAPOLIS, Md. — The comptroller of Maryland is urging small businesses to take advantage of tax credit they could be eligible for relating to health care reform. Comptroller Peter Franchot is scheduled on Monday to talk about a pilot program to see how well mailings to more than 5,000 […]... Read more »

Franchot: Health insurance tax credits are available now for small businesses

“This is an example of how the Affordable Care Act is helping Maryland businesses right now,” said Health Care for All President Vincent DeMarco. “We are doing everything we can to make sure small businesses know about it.”... Read more »