Senate bill would expand tax credit for hiring veterans
from Accounting Today
Senate Finance Committee Chairman Max Baucus, D-Mont., and Sen. Jon Tester, D-Mont., have introduced legislation that would expand an existing tax credit for hiring veterans to encourage further hiring while making it easier for businesses to claim. The Veteran Employment Transition Act of 2013 aims to combat unemployment among veterans by allowing employers to claim a $2,400 tax credit when hiring any recently discharged veteran and streamlining the certification process for both veterans and businesses.
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