Skip top navigation

|
|
|
|
|

Technical College System of Georgia logo Find a college and apply today
About TCSG Colleges Economic Development Adult Education GED® Directories TCSG News
Press ReleasesHeader Photo

Back to Press Releases

 
 
 
  Contact: Alison Tyrer
Executive Director of Communications
404-327-6913
atyrer@tcsg.edu
FOR IMMEDIATE RELEASE
08-31-2015
MS Word Version Here
 
 
 
New tax credits benefit businesses who educate workers
Employers can earn up to $100,000 in tax credits with new state program
 

ATLANTA—Georgia employers can now take advantage of new tax credits when they support employees’ successful completion of a General Educational Development (GED®) test. The Technical College System of Georgia (TCSG) will work with businesses in the state to promote the participation and success of employee GED® attainment.   
 
“Nearly 18 percent of Georgia’s adult population has less than a high school education,” said Commissioner Gretchen Corbin. “Thanks to this unique opportunity passed by the Georgia General Assembly, we are one step closer to fulfilling Gov. Deal’s goal of full literacy in Georgia, while preparing Georgia businesses to compete in a global economy.”
 
Employers can take advantage of the tax credit in either of two ways. An employer can earn a tax credit of $1,200 per employee if that worker is compensated, at his/her normal rate of pay, for completing a 40-hour class and passing the GED® Test. The class must be a Basic Skills Education class approved by the Technical College System of Georgia, and can either be part of an existing program or a unique program established by the employer. In both cases, a minimum of 40 hours of instruction is required. 
 
A second option would award a $400 tax credit to an employer when a worker takes and passes a GED® Test paid for by that employer.
 
An employee can be included in only one of the tax credit categories, not both. An employer can earn tax credits of up to $100,000 per year for supporting employees in their achievement of a GED®.
 
“We want every adult employee in Georgia to acquire the necessary basic skills to be successful their workplace,” said TCSG Assistant Commissioner for Adult Education Beverly Smith. “In doing so, we make Georgia’s businesses stronger, which in turn, makes Georgia stronger.”
 
TCSG’s Office of Adult Education can assist employers by answering questions about class types and other class considerations, as well as estimating tax credit benefits. More information is available at 404-679-1641.
 
About the Technical College System of Georgia
The 22 colleges of the Technical College System of Georgia (TCSG) are Georgia’s top resource for skilled workers. TCSG offers world-class training in 600 associate degree, diploma and certificate programs to students who are trained on state-of-the-art equipment by instructors who are experts in their fields. TCSG partners with companies through Quick Start, the nation’s top customized workforce training program, and through its individual colleges, who work with local industry to provide workforce and training solutions. Visit www.tcsg.edu for more information.
 
### 

 
For a copy of this press release in Microsoft Word, Click here
 
Technical College System of Georgia
1800 Century Place, Suite 400
Atlanta, GA 30345-4304
www.tcsg.edu