DVNF Urges Businesses to Take Advantage of Financial Benefits and Tax Credits Available to Them for Hiring Veterans

WASHINGTON--(BUSINESS WIRE)--

Disabled Veterans National Foundation, a non-profit veterans service organization dedicated to meeting the needs of men and women who return home after selflessly serving the country, is urging businesses to take advantage of the tax credits available to them for hiring veterans.

Under the VOW to Hire Heroes Act of 2011, for-profit companies can receive a tax credit of up to $9,500, and tax-exempt organizations a tax credit of up to $6,240, for employing a veteran. The amount varies based on the length of time the veteran has been unemployed, and the amount of first-year wages that will be paid.

DVNF, which provides career assistance to veterans, with particular focus on women veterans and those disabled by their service, is increasing its efforts to educate employers about the benefits of providing jobs to men and women who have returned to civilian life after military duty.

While our initial goal was to assist Veterans with finding and securing jobs, we recognize that employers need support as well, said Raegan Rivers, Chief Administrative Officer of the DVNF. We have resources on our website to help Veterans, and we are available to partner with companies and small businesses to help them connect with Veterans who match their employee needs, and also illustrate to them their benefits for hiring veterans.

The VOW to Hire Heroes Act provides employers with a number of benefits, including:

A tax credit of $5,600 for hiring veterans who have been looking for a job for more than six months, as well as a $2,400 credit for veterans who are unemployed for more than four weeks, but less than six months; and

A tax credit of up to $9,600 for hiring veterans with service-connected disabilities who have been looking for a job for more than six months.

Go here for more information about benefits for employers provided by this Act.

About DVNF: Our Foundation exists to change the lives of men and women who came home wounded or sick after defending our safety and our freedom. A nonprofit 501(c)(3), DVNF was founded in the fall of 2007 by six women veterans to expand their scope of work within the veteran's community. For more information, visit http://www.dvnf.org.

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DVNF Urges Businesses to Take Advantage of Financial Benefits and Tax Credits Available to Them for Hiring Veterans

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