Claim a general business tax credit for the cost of establishing a new small employer pension plan.

A general business tax credit for the cost of establishing a new small employer pension plan can be claimed as part of the general business credit. The credit is available for employers with less than 100 employees and who have not operated a qualified retirement plan. The credit equals 50% of start-up costs up to $1,000 in each of the first three years of the plan.