Louisiana 2020 Tax Credit Posting Update

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Attention: Louisiana Employers

2020 Earned Income Credit (EIC) Posting Update
 
2020 Earned Income Credit Peel ‘N Post™
Louisiana All-On-One Labor Law Poster™
What’s new?
The IRS has increased the maximum income rates to claim the EIC for the 2019 tax year and the maximum income rates to claim the EIC for the 2020 tax year. To inform employees of the income eligibility limits, Louisiana has released both the:
  • 2020 EIC Notice – This notice reflects EIC income eligibility rates based on income earned in this year, and
  • 2019 EIC Notice – This notice reflects EIC income eligibility rates based on income earned in last year. 
What does the law require?
The Executive Director of the Louisiana Workforce Commission (LWC) requires all employers to post the LWC’s EIC Notice to inform employees of the Internal Revenue Service’s current eligibility requirements for the EIC. The law requires employers to post an updated notice whenever eligibility requirements change. (La. Rev. Stat. § 23:1018.2) 
 
How to comply:
  1. Update your Louisiana All-On-One Poster using the 2020 EIC Peel ‘N Post.
  2. Post from now until April 15, 2020, the 2019 EIC Notice next to your Louisiana All-On-One Poster. The 2019 EIC Notice can be downloaded for free from our website here: https://complianceposter.com/free-labor-law-posters/.