New York A09673 creates a $1,500 wage tax credit for employers of national guard members, reservists, volunteer firefighters, and EMS personnel.
New York A09673 amends the tax law to create a $1,500 wage tax credit for employers who hire New York national guard members, reservists, volunteer firefighters, and EMS personnel. The credit applies to each eligible employee, provided they have been employed for at least six months. If the credit exceeds the employer's tax liability for the year, the excess can be carried over to subsequent years. The credit is intended to support employers who hire these essential personnel.
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