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How to Get New Tax Credit for Hiring Veterans

February 20, 2012 /

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You may have heard about General Electric’s plan to hire 5,000 veterans in the next five years. While the move may be motivated by moral responsibility, the company has a financial incentive, too. There are new tax credits for hiring veterans.

The VOW to Hire Heroes Act, signed into law in November, extended up to $9,600 in tax credits to employers who hire unemployed veterans. The rates are per-employee and apply to qualified veterans who begin work before January 1, 2013.

By Stephanie Rabiner, Esq.

Full Story: http://blogs.findlaw.com/free_enterprise/2012/02/how-to-get-new-tax-credit-for-hiring-veterans.html

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