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IMA Tax Policy Blog

Time is Running Out for the Illinois Small Business Jobs Creation Tax Credit Program

8a8f04fb-0a2d-4e9e-b749-c336b1eaa7e3The Illinois Small Business Jobs Creation Tax Credit Program is set to expire on June 30, 2016, as all newly created jobs must be entered into the system by this date. If you are a small business located in Illinois, employ fewer than 50 full-time employees and have created a new full-time position you may be eligible!

The Illinois Small Business Jobs Creation Tax Credit gives small business owners an extra boost to grow their business. After creating one or more new, full-time positions that meet the eligibility requirements, small businesses can register to receive a $2,500 per job tax credit.

To learn more, visit http://www.jobstaxcredit.illinois.gov, or contact Ericka Perkins at 217-558-6300 or email Ericka.Perkins@illinois.gov.

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