MilitaryConnection.com, the go-to site of the military and Veteran communities, is pleased to let employers know that the tax credit for hiring Veterans has been extended until 2019.
The tax credit, known as the Work Opportunity Tax Credit (WOTC), is available to employers who hire veterans. The WOTC is a workforce program that incentivizes workplace diversity and facilitates access to good jobs for American workers, including those who have served.
With a focus on employment, MilitaryConnection.com is in a unique position to see the benefits of the tax credit from both sides. Employers who hire veterans not only receive the valuable monetary perks from the federal tax credit that can offset the cost of recruitment, advertising and training, they also capture employees with a multitude of skills and an exceptional work ethic. The very nature of being in the military has given them attributes unlike those that civilians gain through most other types of employment.
“Those who serve in the military seldom have the luxury of long analysis when it comes to making a decision regarding a specific situation,” said Debbie Gregory, CEO of Military Connection. “This decisiveness, coupled with their tenacity and initiative, make veterans an obvious choice for potential new hires.”
Additionally, most veteran employees have proven that they can work individually, as part of a team, or in a leadership role.
The WOTC reduces an employer’s cost of doing business and requires little paperwork. The WOTC can reduce an employer’s federal income tax liability by as much as $9,600 per veteran hired, and there is no limit on the number of veterans that an employer can hire. To read more about the benefits of the tax credit, visit http://www.militaryconnection.com/veteran-hiring-tax-credits.
MilitaryConnection.com has been named a Top 100 Employment Webs Site by the International Association of Employment Web Sites for the prior five years. Additionally, in 2015, the website received the prestigious Users’ Choice Award. MilitaryConnection.com takes great pride in using its significant reach to assist, provide resources and facilitate win/win partnerships with wonderful non-profits, associations and government agencies serving military and veterans. MilitaryConnection.com features thousands of pages of resources and information. There is something for everyone including, but not limited to: a Job Board and Virtual Job Fair, comprehensive Post 9/11 GI Bill education information, a directory of thousands of scholarships, a Veteran school directory, news, press releases, special events, pay charts, benefits, service directories, commissaries & exchanges, golf courses and more.