A new manual produced for the “American Jobs for America’s Heroes” campaign explains the federal tax benefits for hiring unemployed veterans and National Guard members. The booklet, “2013 Federal Tax Benefits for Hiring and Employing Qualified Veterans, National Guard Members and Reservists,” identifies the forms and certifications that businesses need to file with their state workforce agency and with the Internal Revenue Service when they hire or employ veterans, National Guard members, or Reservists.
“I’m … glad to recommend this employer tax credit guide as a convenient and reliable way to learn about the significant federal tax benefits available to employers who hire veterans,” said U.S. Senator Max Baucus, D-Mont., chairman of the Senate Finance Committee. “The American Jobs for America’s Heroes campaign has made it easy to understand how to qualify for and successfully claim the employer tax credits in these federal programs.”
Current tax incentive programs are scheduled to expire on Dec. 31, 2013, so employers will need to complete their hiring by this date. Employers may include the tax credits when they file their 2013 federal business tax returns. “Many states also offer business tax credits for hiring qualified veterans, National Guard members and Reservists,” the manual states. “We encourage you to talk with your accountant or your state workforce agency to explore these opportunities.”
The “American Jobs for America’s Heroes” campaign is an initiative of the Corporate America Supports You and the Military Spouse Corporate Career Network, two nonprofit organizations that provide free employment services to employers and military applicants. Employers across the country are helping the National Guard by posting jobs for its 60,000+ unemployed members. Specialty trade contractors can help put unemployed Guard members and military veterans back to work by registering and posting job openings at no cost on the Web site of the Center for America. ASA Chief Advocacy Officer E. Colette Nelson serves on the Campaign Advisory Council.