In addition to the skills and talents military veterans can bring to a company, did you know that they can also help your business earn tax credits? Businesses that hire eligible unemployed veterans can take advantage of a Work Opportunity Tax Credit (WOTC). (This credit is also available to certain tax-exempt organizations.) After recent changes, The Returning Heroes Tax Credit now provides incentives of up to $5,600 for hiring unemployed veterans, and the Wounded Warriors Tax Credit doubles the existing Work Opportunity Tax Credit for long-term unemployed veterans with service-connected disabilities, to up to $9,600. Read more details here: http://www.military.com/hiring-veterans/resources/tax-credits-for-hiring-veterans.html
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