New York A09672 establishes a tax credit for businesses hiring veterans and disabled veterans, offering $3,000 per veteran and $4,000 per disabled.
New York A09672 introduces a tax credit for businesses that hire veterans and disabled veterans. The credit amounts to $3,000 per veteran and $4,000 per disabled veteran, with a cap of $15,000 annually. This credit applies to new employees who work at least 35 hours per week for veterans and 17.5 hours per week for disabled veterans, and remain employed for at least twelve months. The credit can be carried over to subsequent years if not fully utilized in the initial year.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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