MyCare: Louisa M. in Palm Beach, FL
Featuring people like Louisa, who benefits from the Small Business Tax Credit, MyCare is an initiative to educate Americans about new programs, benefits, and rights under the health care law.
Louisa-Care: Tax Credits for Small Businesses
Louisa M: The decrease in our cost is directly tied to the tax credit. If it wasn’t for the Affordable Care Act, we would not be talking about a tax credit.
Palm Beach Groves is a Florida gift food shipper and we ship Florida citrus all over the country in the 48 States and Canada. We have two locations, one in Lantana and one here in Palm Beach and then on Saturdays we do the Lake Worth Farmers Market.
Thank you very much.
I’m the General Manager of Palm Beach Groves.
What does that mean? It means I do just about anything, just about everything I need to do. I do all the compliance, all the tax work, all the books, you know pay all the bills, payroll, sales tax, you name it.
Immediately I did realize as CFO that we would benefit from the new law.
She Wanted sugar-free, right?
We got about $7400 as a tax credit back and a tax credit is dollar for dollar, so it’s $7400 we saved.
It’s the first time in 12 years that I actually see a reduction in cost.
Sandy: Oh that looks great.
Louisa M: It creates a long term relationship with your employees.
Sandy: It just would not be affordable for my family to have health care, my husband has a pre-existing condition, he’s diabetic and so it would be just very difficult to get even if we could afford it so it’s a huge part of my job.
I know you've shipped with us before, what was the last name again?
Louisa M: That’s being a good business manager, that's being a good CFO that you look into whatever you can to still provide good health care to your employees but reduce your cost to the company.
The Health Care Law is about people like me. It's Louisa care.
NOTE: The transcript for this program may have been compiled from uncorrected Closed Captioning.
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