Happy Veterans Day! Did You Know Tax Credits are Available for Hiring Veterans?

37738634Veterans, National Guard Members and Reservists remain key assets in helping meet workforce needs.

A free publication for employers, prepared for the Center for America, provides clear and concise understanding along with step-by-step guidance on four new federal tax credit programs: Returning Heroes; Wounded Warrior; Activated Military Reservist Credit for Small Businesses; and the Federal Empowerment Zone Employment Credit.

The guide includes links to the required Internal Revenue Service and Department of Labor forms employers need to submit. It features key eligibility and filing details, with guidance on eligibility and the specific steps to take to claim the credits.

American Jobs for America’s Heroes is a nonprofit campaign sponsored by Phillips 66 and foundations to encourage employers to post full-time jobs for veterans, National Guard members and Reservists. Access the guide and additional information.

Program Matches Guard Members With Job Openings

There are various efforts taking place to connect military veterans — and the valuable skills they possess — with employers who are having difficulty finding the workers they need. One of those programs is focused on the National Guard, assisting active members, veterans and spouses.

American Jobs for America's Heroes (AJAH) has a mission of encouraging employers across the country to provide job postings. These will allow National Guard employment counselors to match openings with qualified candidates.

Of nearly 360,000 National Guard members (in all 50 states and four U.S. territories), about 20% are unemployed. Only one in four National Guard applicants are accepted. They train continuously in a variety of programs — demonstrating a readiness for learning, strong teamwork and reliability, and an understanding of how to perform in a disciplined organization.

There are no costs for employers or job seekers. Companies can receive assistance at no cost in screening candidates and understanding how military training experience relates to job requirements.

The web site has additional information and registration details. The Indiana Chamber is among many associations and companies (Phillips 66 is the lead national corporate sponsor) supporting this initiative.