You are here:HomeNews CenterInsurance News2012How to Claim New Tax Credits for Hiring Veterans

How to Claim New Tax Credits for Hiring Veterans

In November 2011, President Barack Obama signed legislation (HR 674) that provides tax credits to employers that hire certain veterans
March 13, 2012

In November 2011, President Barack Obama signed legislation (HR 674) that provides tax credits to employers that hire certain veterans. The Internal Revenue Service (IRS) recently released guidance (IRS Notice 2012-13) as well as forms employers can use to calculate and claim these credits. These tax credits are designed to encourage employers to recruit and hire veterans. To further this goal, the Obama Administration has launched initiatives to connect employers with veterans, including the Veterans Job Bank. Instructions for posting job listings with the Veterans Job Bank are available here.

Filed under: