New York S02720 creates a $1,500 wage tax credit for employers hiring national guard members, reservists, volunteer firefighters, and EMS personnel.

New York S02720 introduces a $1,500 wage tax credit for employers who hire New York national guard members, reservists, volunteer firefighters, and EMS personnel. Employers must comply with the Uniformed Services Employment and Reemployment Rights Act and ensure the employees have been hired for at least six months. The credit can be applied against the tax imposed by the article, with any excess credit carried over to the following year.

New York S02720 creates a $1,500 wage tax credit for employers hiring national guard members, reservists, volunteer firefighters, and EMS personnel.

New York S02720 introduces a $1,500 wage tax credit for employers who hire New York national guard members, reservists, volunteer firefighters, and EMS personnel. Employers must comply with the Uniformed Services Employment and Reemployment Rights Act and ensure the employees have been hired for at least six months. The credit can be applied against the tax imposed by the article, with any excess credit carried over to the following year.