Contact UsWhat are the taxes that will be imposed on my small business if I am unable to comply with Obamacare?
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William Keats
The tax penalty for the first year, 2014, is $95 per employee or 1.0% of taxable income, whichever is higher. For 2015, the tax penalty is $325. per employee or 2.0% of taxable income. For 2016, it is $695. per employee or 2.50% of taxable income.
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551 weeks ago