A new tax credit for businesses that hire unemployed veterans is now in effect. The credit amount varies with how long the veterans have been unemployed. It is 40% of the first $14,000 of wages paid to a veteran ($24,000 in wages if the vet is disabled) who have been jobless for six months or more in the year before they were hired. The credit is 40% of the first $6,000 of wages for vets who have been out of work at least four weeks but less than six months.