NJECPAC & NJ-IEC Partnering to Protect You And Your Business

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New Jersey, United States
NJECPAC is a Continuing Political Committee (CPC). A CPC is any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, civic association or other organization, which in any calendar year contributes to aid or promote the candidacy of an individual, or the candidacies of individuals, for elective public office, or the passage or defeat of a public question or public questions, lobby for the passage or defeat of certain legislative bills introduced in the NJ Legislature in accordance with N.J.S.A. 19:44A-8(b). A CPC is frequently referred to as Political Action Committee (PAC). The NJECPAC was formed to provide funding for legislative initiatives of its members and its member organizations representing the interests of Electrical Contractors, Small Businesses and Taxpayers throughout the State of New Jersey.

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Saturday, April 17, 2010

Some Small Businesses May Benefit From Health Credits On 2010 Taxes

Most of the health care reforms Obama signed into law last month won't take effect for another four years. But some small businesses can look forward to some relief in 2010.

The Internal Revenue Service is notifing small-business owners of a tax credit for health insurance premiums that is included in the health care law and applicable to the 2010 tax year. To qualify, a business must employ fewer than 25 full-time workers at less than $50,000 per year and pay for at least 50% of the cost of their health insurance premiums. Read More
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