Posted in: Best practices, Communication, Hiring & training staff, In this week's e-newsletter, Latest news & views, Tax compliance
A free resource can help you make a big impact in helping out employees hardest hit by this downturn. IRS’ Earned Income Tax Credit for Employers site is a one-stop shop for all the information you need regarding EITC.
Among the links are resources for your company — including tables, income thresholds, etc.
The site also has a link you give to employees so they can figure out if they’re eligible.
Is it your job to make sure employees get tax credits? No, of course not. But making it easier for them to do so shows that your company hasn’t stopped appreciating their work — even if more material perks and bonuses aren’t going to be given out this year.