Welcome to the Small Business Job Creation Tax Credit Registration Web site.
The entrepreneurial spirit is alive and
well in Illinois and must be nurtured. That's why I proposed
and worked with the Illinois General Assembly to pass the Illinois Small Business
Job Creation Tax Credit. The tax credit gives small business owners an
extra boost to grow their business over the next year. After creating one or
more new, full-time positions that meet the eligibility requirements, small
businesses can register here to receive a $2,500 per job tax credit.
Based on feedback we received during the pilot program from the small businesses and entrepreneurs
from across the State, we added a few key components. First, we extended the program to run from
July 1, 2012 to June 30, 2016. The other new piece to this program is that PEO’s
(Professional Employer Organizations) would be able to receive a tax credit based on their working
relationship with an eligible business.
Put Illinois to Work businesses are still a key component to the Illinois Small Business
Job Creation Tax Credit. If you hire your worker-trainees into full-time positions before
June 30, 2016, no matter what size of business you operate, you will be eligible to receive
a tax credit.
Feel free to explore our web site to learn about the Small Business Job Creation Tax Credit
and the other resources we have available for small businesses and entrepreneurs. Register your
new positions and obtain the credit without ever having to leave your office. Remember that
tax credit eligibility begins with the date of hire and registration for the credit may be
made at any time up until June 30, 2016. Your success as a small business owner is vital to
Illinois' economic future and supporting entrepreneurship and innovation is one of my top priorities.
Governor Pat Quinn