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Yes, small businesses can typically deduct the cost of health insurance premiums as a business expense. This applies to both group health plans and individual plans for owners and employees.
In 2015 Employee Choice was introduced under of the PPACA's Small Business Health Options Program (SHOP) Marketplace. While SHOP was available for 2014, this is the first year that small employers in 14 states can apply online. Before 2015 employers who provided health insurance to their employees typically worked with an insurance broker and ...
Small business loans are usually funded through traditional banks and online lenders. If you’re looking for an SBA loan, you’ll need to find a lender approved by the U.S. Small Business ...
There are estimated to be over 33 million small businesses in the U.S. (U.S. Small Business Administration)Over 61 million, or about 46.4 percent of private sector employees, are employed by small ...
The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll. The $349 billion was fully allocated within 13 days. During those 13 days, 1.6 million loans were approved by nearly 5,000 banks and other lenders. [3]
Owning your own company means making lots of decisions. We made deciding on a bank easier by picking the five best banks for small businesses. This was originally published on The Penny Hoarder ...
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