Small Employer Retirement Plan Credit
Small Employer Retirement Plan Credit. The minimum tax credit each year is $500. Evaluate all of your possible options because some 401 (k) providers offer a small business retirement plan as low as $120 per month plus $4 per month per employee, before potential startup costs. Form 8881 Credit for Small Employer Pension Plan Startup Costs (2013 from www.formsbirds.com For more information you can download the following publications at www.irs.gov. Small employer tax credits for starting a company retirement plan. One way it does this is by offering tax credits…
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