Work ethic, tax incentives make it pay to hire a veteran

NORWICH – Chenango County employers have until the end of the year to hire veterans and receive special tax credits as the Returning Heroes and Wounded Warriors Work Opportunity Tax Credits is currently set to expire Jan. 1. Since President Obama signed the Vow to Hire Heroes Act of 2011 into law, the tax credits, which are a subsection of the act, have benefited employers and veterans alike. Business owners can receive up to $9,600 in tax credits for each qualified veteran they have employed, providing them with an extra incentive to hire wounded or unemployed veterans.

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