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Small Business Center

Earned Income Tax Credit Tool Kit for Small Businesses

March 29, 2022

Ahead of the April 18 federal income tax filing deadline, small business owners may benefit from getting employees earning less than $57,000 a year to use the Earned Income Tax Credit. The credit encourages employees to stay in the workforce and rewards participation in the labor market; it effectively gives employees a raise with no additional cost to their employers. It has been shown to help reduce employee turnover and can help small businesses grow their bottom lines.

Download the EITC tool kit from Small Business for America’s Future.

Small Business Center

ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.

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