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What Does The EITC
Mean To You?
Quite
simply...More CASH in your pocket! Tax benefits are directly related
to eligibility guidelines.
Why
is the EITC important to businesses?
-
The
EITC helps supplement employees wages at no cost to employers.
-
Approximately
2/3 of EITC recipients spend a bulk of their refunds on immediate
expenses.
-
Since
tax credits help workers take care of daily needs, it provides a boost
to the Erie economy.
-
EITC
dollars stimulate the local economy through a "multiplier"
effect of between 1.5 TO 2 times the original amount of the credit.
Ways
your business can support the EITC:
-
Insert
an EITC stuffer into bills or other notices mailed to customers.
-
Talk
to your employees about the EITC.
-
Include
an EITC stuffer with paychecks.
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Put
up EITC posters in your store, shop, lunch room and bulletin boards.
-
Volunteer
to be a tax preparer or for your business to be a site for tax
preparation.
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