The Incentives for our Nation’s Veterans in Energy Sustainability Technologies (INVEST) Act (H.R. 322) would create a work opportunity credit for employers in renewable energy businesses that hire veterans. This would be another category under the work opportunity credit; the basic credit amount of up to $2,400 (up to $6,000 of first-year wages x 40%) would apply. If enacted, it would apply with respect to employees who begin work after 2019.
Barbara Weltman
Big Ideas for Small Business, Inc.
Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."
Footer
