It is everyone's favorite time of year: tax time. In an effort to relieve some of the stress associated with April 15, we've put together some useful and timely information for employers of veterans and active duty service members. Some of the following information is new for this tax season.
Employers of Veterans
As of today, the IRS published additional information for employers who have hired veterans in 2011. There is a tax credit available for such employers. Depending on the business structure, the credit is worth up to $9,600 per veteran employee (for-profit businesses) and $6,240 per veteran employee (non-profit organizations and other tax-exempt businesses).
