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Bill North

Bill North

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Hire a Veteran - Save Up to $9,600 in Taxes

Tuesday, 21 February 2012 08:43
Currently, there are nearly 1 million unemployed veterans in the United States. This number is expected to increase significantly with the withdrawal of troops from Iraq. Congress passed the Vow to Hire Heroes Act, which was enacted as of November 21, 2011. This act expands the Work Opportunity Tax Credit for businesses and is even available to certain tax-exempt organizations. What is significant about this new act is that it employers will have more time to file the required certification form to the State.

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