Returning Heroes and Wounded Warriors Tax Credits Extended Through 2013
U.S. Senator Charles Schumer announced that the Returning Heroes and Wounded Warriors tax credits, one of his top initiatives to get veterans back on the job, has been extended for one year as part of the year-end fiscal cliff deal.
Schumer highlighted that there are thousands of unemployed veterans in upstate New York who are well suited for work throughout both the private and public sector.
The Returning Heroes and Wounded Warriors tax credits, enacted in November 2011, provide tax breaks to employers of up to $9,600 depending on the length of time a veteran has been unemployed and if that veteran has a service-connected disability.