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Accessing Workforce Tax Credits

This section of the Will County Employer Resource Guide provides employers with information on tax credits that they may be eligible to receive.   

 

 

 

 

 Economic Development for a Growing Economy Tax Credit Program (EDGE)
The EDGE program allows a firm to reduce the costs of doing business in Illinois when compared with similar costs in other states where it could have located its operation

 Enterprise Zone Program
Designed to stimulated economic growth and neighborhood revitalization in economically depressed areas of the state

 High Impact Business Program
Designed to encourage large-scale economic development activities by providing tax incentives to companies that propose to make a substantial capital investment in operations and will create or retain above average number of jobs

 Work Opportunity Tax Credit (WOTC)
Offered to employers hiring and retaining targeted populations