According to the Colorado Department of Labor, more than 27,000 Colorado veterans, National Guard Members, and Reservists have registered to get help in finding full-time jobs in the state. The Center for America, a nonprofit aiming to assist unemployed National Guard members, veterans, and spouses in finding jobs, has teamed with Caplin & Drysdale, a law firm specializing in tax service, to provide a guide that helps employers obtain federal tax benefits for hiring veterans. The guide covers the Returning Heroes Tax Credit, the Wounded Warrior Tax Credit, the Activated Military Reservist Credit, and the Federal Empowerment Zone Employment Credit. These credits can prove valuable for employers when hiring veterans. The guide can be found here.
MSEC, in a partnership with Center for America, requests that employers take a survey regarding challenges associated with hiring veterans. Employers can access the survey here, using the code “MSEC” in the first question of the survey. The survey will assist Center for America in its efforts to employ National Guard members, veterans, and spouses in skilled private-sector positions.
MSEC cannot advise on obtaining these tax credits or other related tax issues. Employers should consult with tax experts when attempting to obtain the credits. Please contact Steve Nowlan, president of Center for America, with any questions or for free help with your veteran recruiting. 201-513-0379 or SNowlan@CenterForAmerica.org.