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Tax Credit for Hiring a Veteran Proposed

President Obama just recently proposed a new tax credit for hiring veterans that have recently returned from combat overseas.  The credit ceilings would range from $4,800 to $9,600, depending on the longevity of the position these veterans are employed for and the length that they have been unemployed and if they have any disabilities.  This credit is still far from being signed into law, but the proposal has been well received by both parties and the Department of Labor.


Posted: August 8, 2011

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