This is a follow-up to my recent post about tax benefits employers earn by hiring military veterans. In addition to strong skill sets and personal characteristics, many veterans can bring an added financial benefit to their employer through the Work Opportunity Tax Credit (or WOTC).
Employers naturally have questions about how veterans qualify. How long must a veteran have served? What if they have a service-connected disability? What are the specific tax credit amounts? Today, I’ll go into these details.
If you’re a business owner, CPA or hiring executive, this is for you. Everyone knows that hiring veterans is both the right thing and the smart thing to do for many reasons.
Military veterans bring a unique set of skills to the civilian labor market. Few organizations like the military can teach, enforce and reward the characteristics of teamwork, initiative, leadership, organization and mission.
The military is also a highly diverse and talented group of people. As a result, veterans have deep experience working well with others. That experience instills respect and the ability to adapt and excel in a wide variety of circumstances. (more…)
Wisconsin Governor Scott Walker signed three bills yesterday, designed to help military veterans in that state to find jobs. Each of the bills had been authored by Wisconsin State Representative Evan Wynn. (more…)
Important information today from Paul Suplizio President of the WOTC Coalition. As I mentioned yesterday, Senate Democrats hope to pass the veterans- and WOTC- related provisions of President Obama’s jobs bill this week as an amendment to a bill recently passed by the House with significant bipartisan support.
Today, Senator Majority Leader Harry Reid announced he would support bringing the measure to the Senate floor for a vote. He hopes to win sufficient bipartisan support to pass it by Veterans Day (this Friday). (more…)