The $787 billion economic stimulus law enacted last month provides a tax credit of $2400 to employers for each unemployed veteran they hire. FVC is having good success matching vets with jobs in agriculture, and this incentive can only help provide more job opportunities.
According to an article on CNN’s Small Business page,
If you hire an unemployed military vet or a high-school dropout, you could get a $2,400 per worker credit on your taxes. The existing Work Opportunity Tax Credit lets businesses claim a tax credit for 40% of the first $6,000 in wages paid to a worker who falls into a qualifying “target group” of traditionally disadvantaged workers. The recovery bill adds two new classes of qualifying workers: veterans who left the military within the past five years and collected unemployment for at least four weeks before being hired, and “disconnected youths.” A worker counts as “disconnected” if they’re between the ages of 16 and 25 and haven’t attended school or had regular employment in the past six months.
