As a small business owner, there are many expenses that come with being the one in charge. One such expense is Small Business Health Insurance Taxes. Small Business Health Insurance Taxes are taxes that are paid on the health insurance that is provided by small business owners for their employees.
Health Insurance is one of the most important benefits that a small business owner can offer to employees. For an individual to attempt to provide his or her own health insurance is extremely difficult and costly. While you are not pleased with the added expense of Small Business Health Insurance Taxes, you realize that this is necessary in order to provide for your employees.
The taxes are paid and add to the overall increasing cost of health insurance. You have worked very hard to establish your business and to take care of your employees as a family. The Small Business Health Insurance Taxes are taking a toll on the financial stability of your small company.
You are feeling torn about continuing to provide for your employees and continuing to keep your small business financially secure. You can either pass the cost along to your employees or try and look for ways to absorb the cost within the company. This is all the more reason to become more active in lobbying for health care reform. You really had not been very involved in politics until it directly affected you as a business owner, especially now that you are required to pay Small Business Health Insurance Taxes.