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Barbara Weltman

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Tax Credit for Hiring Military Spouses?

March 25, 2020 / By Barbara Weltman

That’s what’s being proposed (a tax credit for hiring military spouses) in the Jobs and Childcare for Military Families Act (H.R. 5876). The bill would make military spouses a new targeted group for purposes of the work opportunity tax credit. The new group would encompass the spouse or domestic partner (as recognized under state law or by the Armed Forces) of a member of the Armed Forces.

Alert: Follow coronavirus-related federal tax changes through the IRS’ Coronavirus Tax Relief center.

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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