Indiana has a new health insurance tax credit.
Claim up to $400 per employee and save up to $19k in health benefits tax credits! Make informed decisions about your small business and the health benefits you offer.
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Are you a small business owner who manages less than 50 employees?
If so, you can benefit from this bill's tax credit!
How do you know if you qualify?
What is Indiana’s House Bill 1004?
This new bill is a recent legislative update introducing a new tax credit opportunity for qualified taxpayers who provide their employees with health reimbursement arrangements (HRAs), like ICHRAs.
What does this bill mean for my small business?
This new bill is an excellent money-saving opportunity for small clients. Indiana hopes to alleviate some of the financial burden of offering quality health benefits by using this bill to encourage small business owners to make the switch! Take advantage of this legislation and provide valuable health benefits while reducing your tax liability.
Indiana’s House Bill 1004 goes into effect in January 2024!
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