Illinois Small Business Job Creation Tax Credit – Available Until June 30th



June 13th, 2011
Department of Commerce and Economic Opportunity staff have provided informational sessions about the state’s Small Business Job Creation Tax Credit (SBJCTC), which expires on June 30th. Since hiring is picking up, DCEO wants to remind businesses and non-profits about the credit and appreciates your help in getting the word out.

Each worker hired at a small business since July of last year may be worth $2,500 in tax credits. The tax credit is available for each full-time job created by start-up companies and small businesses with less than 50 employees. One requirement is that the business must pay at least $10 an hour.

The application deadline is June 30th. Owners can apply online at http://jobstaxcredit.illinois.gov/.

Businesses or non-profits can watch the webinar that was recorded at a session held at SIU-Carbondale, without having to leave the office.

Additional program information, as well as the recorded webinar, can be found at the following link: http://jobstaxcredit.illinois.gov/ProgramDetails.aspx