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Obama's health care aid to small firms disappoints

May 30, 2012 RSS Feed Print

Arensmeyer said claiming the credit will be simpler once it becomes standard in tax-preparation software.

If the health care law withstands Supreme Court scrutiny, more employers could start claiming the credit. Even so, time is running short. After 2014, the credit is only available for two years. It may just go down as a missed opportunity, for policymakers and small-business owners alike.

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Online:

The Government Accountability Office's report: http://tinyurl.com/7ae96hn

(This version CORRECTS the final paragraph to delete erroneous 2016 expiry date.)

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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