The IRS is pulling out all the stops to get the word out about the new healthcare tax credit for small businesses provided by the Affordable Care Act, and has released new guidance covering a range of questions that Congress didn’t address. If your organization has 25 employees or fewer, offers health benefits, and covers more than 50 percent of the insurance cost, you might want to check out the IRS’s Affordable Care Act page, which includes links to detailed guidance, a simplified 3-step guide, and frequently asked questions.

Don’t get too excited, though. The National Federation of Independent Business (NFIB), which last week joined a court challenge to the Act’s requirement that most Americans obtain health coverage, believes that fewer than 1.8 million of the nation’s 6 million small businesses with employees will qualify for the credit. The NFIB offers a calculator for the credit here. ###