Resources Available To Help Employers Claim Tax Credit
for Tax Year 2013
For the fourth and final year since the Small Employer Healthcare Tax Credit was offered in its current form to small tax-exempt employers – including churches with fewer than 25 full-time equivalent employees – the Board of Pensions is once again providing resources on pensions.org to help PC(USA) churches and other employing organizations claim this credit.
The tax credit is refundable. Even if you have no taxable income, you may be eligible to receive the credit as a refund as long as it does not exceed your income tax withholding and Medicare tax liability. Some churches have reported saving thousands of dollars in taxes, which means more money for mission, maintenance, and other needs.
Have questions? Read more on pensions.org, call the Board of Pensions at 800-773-7752 (800-PRESPLAN) to speak with a member service representative, or contact your Regional Representative. Remember, we’re here to help.