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Hiring Veterans Pays: The VOW to Hire Heroes Act

Looking for another good reason to hire veterans?  The VOW to Hire Heroes Act provides employers with incentives to hire veterans:

  • A $2,400 tax credit for veterans who are unemployed for more than 4 weeks, but less than 6 months
  • A tax credit up to $5,600 for hiring veterans who have been unemployed for more than 6 months
  • A tax credit of up to $9,600 for hiring veterans with service-connected disabilities who have been looking for a job for more than 6 months

 

To qualify for the credit, the veteran must begin work on or after November 22, 2011, and before January 1, 2013.  In addition, a qualified veteran must work at least 120 hours for any credit to apply.

 

You must obtain certification that an individual is a qualified veteran in order to claim the credit.  Contact us to help you with the application process and to claim the credit. You can also visit the following link:

www.irs.gov/businesses/small/article/0,,id=253950,00.html

Posted in: HRvest
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