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Information Articles for the Paris TN and Henry County Tennessee area

Articles

Information Articles for the Paris TN and Henry County Tennessee area

Tennessee Businesses Save Millions With Employer Tax Credit

November 28, 2017

Tennessee Will Issue a Record-Breaking Number of Work Opportunity Tax Credits in 2017

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – The Tennessee Department of Labor and Workforce Development (TDLWD) continues to issue a record number Work Opportunity Tax Credits (WOTC) to business owners across the state. 

A streamlined, modernized application process makes it easier for employers to take advantage of this beneficial tax credit.

Tennessee Work Opportunity Tax Credits [Read more]

Veteran Tax Credits Extended and Increased in Scope

February 8, 2012

Law Encourages Businesses to Hire Vets and Helps Vets Find Work

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – The Vow to Hire Heroes Act of 2011 amends and expands definitions of the veteran target groups for employers hiring veterans through the Work Opportunity Tax Credit program.

“The Vow to Hire Heroes Act provides tax incentives for employers to hire both short-term and long-term unemployed veterans and affords larger tax credits for hiring certain categories of veterans,” said Labor & Workforce Development Commissioner Karla Davis. “The extension of the veterans’ category of the Work Opportunity Tax Credit is a needed strategy to increase employment opportunities for veterans and to reduce the unsatisfactorily high unemployment rate of veterans.” [Read more]

 
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