Health coverage tax credits create big divide

In the probably neverending debate over whether the national health-care reform law will ultimately be good or bad for business, there’s a tool that might make things a bit clearer.

The Small Business Majority is offering an online “tax credit calculator” – http://smallbusinessmajority.org/tax-credit-calculator/ – in an attempt to shed a little more light on what the law will do for businesses with fewer than 25 employees.

First, know that the health insurance premium tax credit is being offered starting this year to small businesses and nonprofits that:

• Have fewer than 25 full-time-equivalent employees;
• Pay average annual wages below $50,000 per FTE; and
• Contribute at least…