Hiring incentives (hire a vet)
You can save money on your federal taxes when you hire eligible veterans through the Work Opportunity Tax Credit program.
The amount of your tax savings varies, depending on the individual you hire and the length of his or her employment.
For example, you can save up to:
- $2,400 for an unemployed veteran;
- $5,600 for a veteran unemployed for at least 6 months; or
- $9,600 for a veteran unemployed for at least 6 months with a service-connected disability.
To learn more, contact a WorkSource business representative or call 877-453-5906.