Businesses Hiring Jobless Veterans Get Tax Breaks Under New Plan
Monday, November 7, 2011
In another push to help reduce veteran unemployment, bipartisan legislation being heard in the Senate this week would provide a tax credit for businesses that hire veterans. It’s called the “Returning Heroes” tax credit, according to The Hill, and would give companies a $2,400 credit for hiring a jobless veteran who’s been unemployed for at least 30 days. If that vet has been out of work six months or longer, the tax credit gets boosted to $4,800 (read more).
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