It’s the easiest and most painless way to file your taxes online.”

Our friends at The Wirecutter this year tested those three services plus two others - TaxSlayer and Credit Karma - and picked TurboTax as their top choice: “TurboTax asks all the right questions and discards the unnecessary ones.

And TaxAct offers a comparative bargain,” our reviewer wrote. Generally, the differences between these three are smaller than ever, with one crucial exception: price. The credit was established, on a two-year basis, as part of the final 2013-14 state budget.Our reviewer looked at the big three online tax prep services: TurboTax, H&R Block and TaxAct. O’Mara said that the Senate first advanced the idea of a “Hire-a-Vet” tax credit in 2012 as part of a comprehensive “New Jobs-NY” economic development program that he co-sponsored. Find out more about the credit from the New York State Division of Military and Naval Affairs at: The credit equals up to 10% of a veteran’s salary – 15% of a disabled veteran’s salary – with the credit capped at $5,000 for a non-disabled vet and $15,000 for a disabled vet. Moreover, statistics show that a significant number of recently returned veterans report service-connected disabilities.īeginning in 2014, businesses became eligible for the state tax break after employing a post-9/11 veteran for one year.

O’Mara highlighted federal Bureau of Labor statistics from 2012 showing that unemployment reached a staggering 20 percent for veterans under the age of 30 who had recently returned home from Iraq and Afghanistan.

We believe this tax credit is a worthwhile way to recognize their service and we hope it will help encourage economic opportunities and jobs for returning military men and women who have so much to offer.” Returning servicemen and servicewomen have had a hard time finding work and that’s particularly true for wounded veterans. “It’s a tough economy all around, but the impact has been especially hard on veterans returning home during this recession to a weak private-sector economy. “It’s an investment in the future of returning veterans,” said O’Mara. O’Mara strongly supported and co-sponsored the establishment of the Hire-A-Vet credit in 2013. Elmira, N.Y., April 28-State Senator Tom O’Mara (R-C, Big Flats) today said that one of the highlights of the new state budget is a two-year extension of the state’s Hire-A-Vet tax credit to encourage businesses throughout New York to hire returning veterans.

New york 2016 tax extension