• New Tax Credits Available For Hiring Veterans
  • March 23, 2012 | Authors: H. Mark Adams; B. Trevor Wilson
  • Law Firms: Jones, Walker, Waechter, Poitevent, Carrère & Denègre L.L.P. - New Orleans Office ; Jones, Walker, Waechter, Poitevent, Carrère & Denègre L.L.P. - Baton Rouge Office
  • Employers now have a powerful new incentive for hiring recently discharged and other unemployed veterans. Under the VOW to Hire Heroes Act of 2011, just enacted by Congress this past November, employers may receive significant income tax credits (called "work opportunity tax credits") for hiring unemployed veterans. Below is a summary of the credits.