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To ensure your business isn't stalled or disrupted by weather, theft, accidents or lawsuits, small business insurance is a crucial purchase. As you begin shopping for insurance, request quotes ...
Proper insurance coverage protects your small business from unexpected circumstances and costs. Yet, according to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. don’t ...
Type of business insurance. Description. General liability insurance. Pays legal fees and settlements (up to your policy limits) if you get sued for a covered general cause
The Small Business Health Care tax credit is available to small employers who pay health insurance premiums on behalf of employees enrolled in a qualified health plan through a SHOP Marketplace. Employers who purchase health insurance through the program may get a tax credit of up to 50% of their premium contributions.
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
A key aspect of this Act was the introduction of Section 831(b), which specifically pertained to the taxation of certain small insurance companies, also known as "micro-captives". Prior to the Act, insurance companies were taxed on their income in a very similar manner as other corporations.
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