TJTC

AcronymDefinition
TJTCTargeted Jobs Tax Credit
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References in periodicals archive ?
(7) This simplification of paperwork was intended to promote higher levels of participation than those under the TJTC. Second, the program requires that the initial eligibility assessment be filled out on or before the date of hire.
These represented increases from the first year of available data examined in the paper (1997), and perhaps increases relative to the TJTC, for which estimates ranged from less than 5% to about 10% (see Christensen 1984; Katz 1998; O'Neill 1982).
(11) Hollenbeck and Willke (1991), for example, evaluated the longest-running program, the TJTC. They did not find statistically significant impacts of TJTC certification on employment or job retention but reported positive wage impacts for most worker groups.
And it was due partly to the inability of state employment service eligible for the program and issue them a TJTC voucher.
Economic incentives for employers such as TJTC (Herbert
The costs of supported employment programs were estimated by adding all reported payments by state and local agencies to the 30 providers and the tax savings to employers who made use of Target Jobs Tax Credits (TJTC) program for participants involved in these programs.
The TJTC program provided a federal income tax credit to employers of up to 40 percent of the first $6,000 paid to each eligible employee during his/her first year of employment.
* The Targeted Jobs Tax Credit (TJTC) should be made permanent and a similar program be instituted at the state level.