Establishes a legal services veterans tax credit of up to $1,500 for attorneys providing pro bono services to veterans.
New York S04904 establishes a tax credit of up to $1,500 for attorneys who provide at least fifty hours of pro bono legal services to veterans or disabled veterans annually. The services must include, but are not limited to, veteran's benefits and appeals, military discharges and upgrades, public benefits, evictions and foreclosures, and consumer debt issues. The credit can be carried over to the next ten taxable years if not fully used. The definitions of "veteran" and "disabled veteran" are based on the civil service law.
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