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Funding for the hiring veterans tax credit will be discussed in a meeting next week.
The meeting about the hiring veterans tax credit will be held on March 16. (Photo: Fit Small Business)
Meeting About The Hiring Veterans Tax Credit
At the upcoming town meeting, residents will vote on a budget increase to $982,267 for the hiring veterans tax credit, a 9.6% increase from last year.
Other issues to be addressed, aside from the hiring veterans tax credit include funding for capital reserve accounts and trust funds, including $25,000 for road improvements and $20,000 for a fire truck and ambulance. There are no contested races, and elections will be held on March 12 in preparation for the meeting about the hiring veterans tax credit.
The town meeting about the hiring veterans tax credit will take place on March 16 at the John D. Perkins Sr. Academy. Residents are encouraged to attend and voice their opinions on important community matters such as the hiring veterans tax credit.
According to a published article by SmartNews, the meeting about the hiring veterans tax credit will begin promptly at 7:00 PM, so be sure to arrive early to secure a seat. Residents should come together as a community to discuss and address the issues that affect us all, such as the hiring veterans tax credit.
Exemption Of Property Taxes
In a published article by AARP, in Northern Virginia, property taxes can be high, but veterans with a 100 percent permanent and total disability rating from the VA are exempt from property taxes on their primary residence. This exemption can save them a significant amount of money.
The scale and scope of property tax exemptions for disabled veterans vary by state, with some states offering benefits based on different criteria such as disability rating, type of disability, age, or income.
Contact your state’s tax office or veterans affairs office to learn more about eligibility and how to apply for these benefits.
READ ALSO: $1.2 Billion Tennessee Tax Refund For Businesses Around The State – Must Know!
