What is the maximum tax credit for a for-profit small business as provided by recent legislation?

The maximum tax credit for a for-profit small business, according to recent legislation, is indeed 35%. This tax credit is designed to encourage small businesses to provide health insurance to their employees. By offering a substantial credit, the legislation aims to alleviate some of the financial burdens that come with providing health coverage, making it more accessible for smaller operations that might otherwise struggle to afford it.

This 35% credit is particularly beneficial as it is applied to premiums paid for health insurance coverage, allowing businesses to receive a substantial return on the costs they incur, thereby promoting employee health benefits. This tax incentive aligns with broader public health goals by encouraging small businesses to participate in providing health insurance, thus increasing overall coverage rates.

In contrast, the other figures presented do not reflect the current legislation's parameters, serving either as incentive structures for different types of organizations, or as outdated figures that do not accurately represent the tax landscape available to small businesses concerning health insurance.