Tax Credits for Hiring Veterans Survive 2013 Budget Cuts
Although tax credits for hiring the disadvantaged expired in 2011 and those for hiring veterans expired at the end of 2012; both have been extended through 2013.
Although tax credits for hiring the disadvantaged expired in 2011 and those for hiring veterans expired at the end of 2012; both have been extended through 2013.
The first event on their 2013 schedule takes place at LP Field, home of the Tennessee Titans, in Nashville on Thursday, January 24, 2013. The event begins at 11 a.m. and runs until 3 p.m. RecruitMilitary expects more than 30 employers, franchisors, educational institutions, and government agencies to reserve exhibitor booths at the Nashville Expo.
Veterans made up only 6% of all new entrepreneurs last year, compared to 12% in 2000. That’s a 50% decline in new veteran owned businesses. From 1999 until 2008, veterans started their own businesses at a greater rate than civilians, but from 2009 on, civilians have outpaced veterans in starting new companies. To help resolve this problem, the military is expected to launch a program to offer help starting a business to the approximately 250,000 who leave the military every year.
On November 27th, U.S. Federal Claims Judge Nancy Firestone ruled against a bid protest filed by a Maryland veteran owned business. Firestone said the VA didn’t violate a 2006 law by awarding an emergency notification service contract without first considering bids from veterans. The award was one of at least 18 that the Government Accountability Office (GAO) said were unlawful.
Businesses that have been displaced for at least three weeks can apply for a grant of up to $10,000 to help with repairs, supplies and other storm-related expenses.
The franchise can also be operated by disabled veterans using a mobile device and sending out workers to pick up the debris and do the heavy lifting.
With just a few days left to prepare, the Salvation Army in many communities is in desperate need of food, funds and volunteers in order to meet the high demand for Thanksgiving dinners this year.