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Employers, you may be eligible for a tax credit when you hire your next employee. Through a cooperative effort between Rock River Training Corporation and the Illinois Department of Employment Security, RRTC is able to qualify prospective employees and process the necessary paperwork to reduce your employment costs.
The Welfare-to-Work Tax Credit applies to businesses when hiring long-term welfare recipients and provides a credit of up to $8500 per new hire (over a two-year period).
The Work Opportunity Tax Credit applies to businesses hiring from targeted groups of individuals and provides a credit of up to $2400 for each new hire the first year.To find out how your business can qualify for one or both of these tax credits, contact us for more information.