Massachusetts VETS-100 Report
Description
How to fill out VETS-100 Report?
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FAQ
The Massachusetts VETS-100 Report must be completed by federal contractors and subcontractors who meet specific employee thresholds. These requirements apply to businesses that hold contracts with the federal government and employ a certain number of employees. Completing this report is essential for compliance with federal regulations regarding veterans' employment. Ensuring timely submission keeps your company aligned with these important standards.
There are several states that waive property taxes for 100% disabled veterans, including Florida, Texas, Virginia, New Mexico and Hawaii. These exemptions are available on principal residences only, not second or vacation homes. Often a surviving spouse who remains unremarried is also eligible for the benefits.
The VETS-100A Report is now named the VETS-4212 Report. The VETS-100 Report is rescinded, rendering obsolete the VETS reporting requirements applicable to Government contracts and subcontracts entered into before December 1, 2003. The term covered veteran is replaced with the term protected veteran.
Eligible veterans, spouses, and parents Have lived in Massachusetts for at least six months prior to entering the service (spouses exempted) or, Have lived in Massachusetts for five consecutive years immediately prior to filing for a property tax exemption.
100% Disabled Property Tax Exemption: Massachusetts General Law (Chapter 59, Section 5, Clause 22E) provides that the homes of those who meet the Massachusetts definition of veteran, and who, as a result of disabilities contracted while in such wartime service and in the line of duty, have a disability rating of 100%
The Vietnam Era Veterans' Readjustment Act (VEVRAA) requires covered federal contractors and subcontractors to file the VETS-4212 Report. The VETS-4212 Report requires a company to indicate the type of contractual relationship that it has with the federal government.
Maine Veterans Property Tax Exemption: Maine offers property tax exemptions to wartime Veterans, disabled Veterans, Surviving Spouses, minor Children and surviving parents.
The VETS-100A Report adopts the job categories used on the revised EEO-1 Report, while the VETS-100 Report has a single Officials and Managers job category. Source: US Department of Labor, Veterans' Employment and Training Service, .
100% Disabled Property Tax Exemption: Massachusetts General Law (Chapter 59, Section 5, Clause 22E) provides that the homes of those who meet the Massachusetts definition of veteran, and who, as a result of disabilities contracted while in such wartime service and in the line of duty, have a disability rating of 100%
The VETS-4212 Report should be filed if a business has a current federal government contract or subcontract worth $150,000 or more, regardless of the number of employees.
