Tax Credit

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  • 27,000 Hired In Illinois Through Federal Tax Credit

    suntimes.com 4 weeks ago

    Illinois businesses hired more than 27,000 individuals and qualified for $67 million in income tax credits last year through the Work Opportunity Tax Credit program, the Illinois Department of Employment Security said Tuesday. The agency administers the federal program, which provides credits to business owners who hire from historically disenfranchised groups. Those groups include individuals receiving state financial assistance, qualified military veterans and qualified ex-felons, certain disabled individ

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