WILMINGTON, Del., Jan. 20, 2011 /PRNewswire-USNewswire/ -- To help simplify several provisions of the health care reform legislation passed in 2010, Blue Cross Blue Shield of Delaware (BCBSD) and H&R Block® are providing small business owners with access to H&R Block's Small Business Tax Calculator.
"It's our goal to help small business owners in Delaware understand the impact of health care reform on their businesses. Some of the provisions in the new law may lower the cost of providing group health benefits to their employees," explains Carl Fink, Director, Strategic Marketing and Business Development at BCBSD. "This tool, in addition to our new portfolio of competitively priced products, offers a strong incentive for Delaware's small businesses to start, or continue, offering insurance to their employees."
The tax credit content and calculator provide simple and convenient ways to determine eligibility for tax credits that could offset a portion of the health insurance costs for these business owners. This tool is available at bcbsde.com/TaxCalculator or by visiting H&R Block at http://www.hrblock.com/SBS/healthcare.html.
About Blue Cross Blue Shield of Delaware
Blue Cross Blue Shield of Delaware, headquartered in Wilmington, Delaware, offers a comprehensive portfolio of health benefits products to more than 396,000 customers. BCBSD is an independent licensee of the Blue Cross and Blue Shield Association and has been a part of Delaware and its communities since 1935. More information about BCBSD is available on BCBSD's website, bcbsde.com.
About The Tax InstituteSM at H&R Block
The Tax Institute at H&R Block is the go-to source for objective insights on federal and state tax laws affecting the individual. It provides nonpartisan information and analysis on the real world implications of tax policies and proposals to policymakers, journalists, experts and tax preparers. The Institute's experts include CPAs, Enrolled Agents, attorneys and former IRS agents who draw from years of experience and H&R Block's extensive network of resources. For more information, visit the press center at thetaxinstitute.com.
About H&R Block®
H&R Block Inc. (NYSE: HRB) is one of the world's largest tax services providers, having prepared more than 500 million tax returns worldwide since 1955. In fiscal 2010, H&R Block had annual revenues of $3.9 billion and prepared more than 23 million tax returns worldwide, utilizing more than 100,000 highly trained tax professionals. The company provides tax return preparation services in person, and through H&R Block At Home™ online and desktop software products, and other channels. The company is also one of the leading providers of business services through RSM McGladrey. For more information, visit hrblock.com.
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Blue Cross Blue Shield of Delaware is an independent licensee of the Blue Cross and Blue Shield Association.
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Manager, Public Relations
SOURCE Blue Cross Blue Shield of Delaware