TAX INCENTIVES:

            Enterprise Zone Tax Credit -  Administered by the Illinois Department of Commerce and Economic Opportunity, this tax credit offers various development tax credits along with a credit for hiring dislocated or economically disadvantaged individuals.   For a complete listing of the credits available please visit the DCEO webstie at

http://www.commerce.state.il.us/dceo/Bureaus/Business_Development/Tax+Assistance/Enterprise-Zone.htm      

            Work Opportunity Tax Credit (WOTC) - Offered through the US Department of Labor's Employment and Training Administration, this federal incentive offers a tax credit for hiring from twelve targeted groups.  These groups have been identified as having significant barriers to employment.  A WOTC fact sheet can be obtained through your nearest Business Services Representative or by visiting www.doleta.gov

             HIRE Tax Credit - Enacted on March 19, 2010, this tax credit actually offers 2 benefits to business hiring individuals between Jan 1, 2010 and Jan 1, 2011.  Businesses may qualify for a 6.2 percent payroll tax incentive as well as an additional $1000 general business tax credit.  A question and answer sheet on the HIRE Act can be obtain at www.irs.gov/newsroom/article/0,,id=220326,00.html

                Illinois Small Business Job Creation Tax Credit - Signed into law April 2010, this tax credit is a one year credit for businesses with fewer than 50 employees that hire new, full time employees during the 12-month period from July 1, 2010 to June 30, 2011.  More information can be obtained from your local Business Services Representative or by visiting http://www.commerce.state.il.us/dceo/JobsTaxCredit/default.htm