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Good News

Pay in Veterans Work Program Ruled Tax-Free - Payments provided to veterans under two specific VA programs-- the Compensated Work Therapy (CWT) and Incentive Therapy (IT) programs, are no longer taxable, according to the IRS. Veterans who paid tax on these benefits in the past three years can claim refunds. Veterans who paid tax on these benefits in tax years 2004, 2005 or 2006 can claim a refund by filing an amended tax return using IRS Form 1040X. Nearly 19,000 veterans received CWT benefits last year, while 8,500 received IT benefits.

Congress Honors Last WWI Veteran - Frank Buckles, a 107-year-old West Virginia farmer, was honored by Congress recently as the last representative of veterans from the WWI generation. Buckles enlisted in the Army in 1917 at 16 and drove ambulances, cars and motorcycles in France and England during the war. He remained in the military after the Armistice until 1920. One of those honoring Buckles was Senator Robert Byrd, who is the longest-serving senator in US history.

Going to College? Top 10 Degrees in Demand - According to a survey of college recruiters, the top 10 degrees currently in high demand are: Accounting, Mechanical Engineering, Electrical Engineering, Computer Science, Business Administration and Management, Economics/Finance, Information Sciences & Systems, Marketing/Marketing Management, Computer Engineering, Management Information Systems/Business Data Processing. Are your veterans int he right programs to succeed?

What's Happening on Capitol Hill? - What's happening on Capitol Hill concerning veterans' issues? Check out the press releases from The House Committee on Veterans Affairs and U.S. Senate Committee on Veterans Affairs for the latest news.

Office Updates! Did you recently change offices or job positions? Do you know of a co-worker who has left or retired? We want to know too! We'll update our database and make sure the DVOP/LVER Locator is made current. We don't know unless you let us know. Update here.

And what's YOUR good news? Tell us about it at vetsnet@nvti.ucdenver.edu.

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