With economic pains from the recent recession still lingering and tax season around the corner, Corporate Voices for Working Families held a webinar on Tuesday, March 2 to educate employers on how their employees can access much-needed tax credits and other benefits.
John Wilcox, Deputy Director at Corporate Voices, gave an overview of Corporate Voices’ recently released Employer Guide: Educate Your Employees About the Benefits They’ve Earned. This is the seventh year that Corporate Voices has updated the Employer Guide, which provides detailed information about the Earned Income Tax Credit, Child Tax Credit, Medicaid, and other state and local benefits.
We were happy to have the Northern Kentucky Chamber of Commerce, the United Way, and many employers from the Northern Kentucky area join the webinar.
A main emphasis of the discussion was that sharing information on how to access benefits with employees makes good business sense, not just good social sense. By encouraging employees to take advantage of benefits they’ve earned, employers are building worker loyalty and morale, which translates into higher productivity and retention.
The Employer Guide includes the following tools:
- Information on the Earned Income Tax Credit (EITC), Advance EITC, the Child Tax Credit, Medicaid/State Children’s Health Insurance Program (SCHIP), Supplemental Nutrition Assistance Program (SNAP), Low Income Energy Assistance Program (LIHEAP) and Volunteer Income Tax Assistance (VITA) centers.
- Tips on how employers can talk to employees about tax credits and other benefits.
- Step-by-step instructions on how to enroll employees in Advanced EITC.
- Guidelines to help employees avoid predatory tax-preparation practices.
- Corporate best practices on how to best use the Employer Guide to help employees access these programs.
- Calendar of important dates to remember when filing for these benefits.
- Facts on the “Stored Value Card,” often referred to as the pre-paid debit card.
- Paycheck stuffers – available in both English and Spanish.
Corporate Voices encourages businesses and other organizations to re-brand the Guide as it suits their needs. If you are interested in doing so, please contact Yvonne Siu at 202-467-8138.