Make sure your employees know about these tax credits! They may pay less in taxes and receive more money in their take-home pay-at no cost to you!
The AEITC is simply an offshoot of the EITC which provides eligible workers with portions of their tax credits in advance of filing their Federal income tax returns. These "advanced" credits result in larger paychecks throughout the year, yet still provides tax refunds after filing Federal income tax returns. Employees taking home larger paychecks are more likely to be able to cover day-to-day expenses and are less likely to miss work.