The new Virginia EITC postings are now available and are required to be posted by all employers. The posters can be found at Virginia EITC postings, at the bottom of the page. There are two posters that must be displayed:
1. There are two federal poster options. Employers can choose the one they want to post.
2. There are also two state posters, but the only difference is color versus black/white. Either option is acceptable. You will also notice there is a Spanish version. This version only needs to be posted if you have a significant employee population that does not speak English.
Posters must be displayed alongside your other federal and state posters by July 1.
Finally, if you have an employee wanting to take advantage of EITC, you can download a form W-5 from the IRS website for them to fill out. Payroll companies and most payroll software are equipped to handle EITC.
If you have any questions, please let me know.
Regards,
Charlotte
Cole James Associates, Inc. provides Human Resources services and support to small and medium sized businesses. To learn more about these services, please visit our website at www.colejamesassociates.com or call (804) 339-5576.