CREDITS AND INCENTIVES
These are Federal tax incentives that can help businesses cover the cost of accommodations for employees and customers with disabilities.
The maximum tax credit amount is a 40
percent tax credit on qualified first
year wages up to $6,000, or $2,400 for
a one-year period.
Small businesses may take an annual tax
credit for making their businesses accessible
to persons with disabilities. The credit is
50 percent of expenditures over $250, not to
exceed $10,250, for a maximum benefit of $5,000.
The credit amount is subtracted from the total
tax liability.
Businesses may take an annual deduction for
expenses incurred to remove physical, structural
and transportation barriers for persons with
disabilities. The Internal Revenue Service (IRS)
allows a deduction of up to $15,000 per year for
qualified architectural and transportation barrier
removal expenses.
Training Subsidies
Funding is available to offset the cost of providing training to a job seeker who is a DOR consumer. Generally, DOR offers employers up to $1,500 for OJT but more than that amount may be provided if the consumer needs more training than usual or the position has a higher level of skill requirement. The goal is that the employer keeps the consumer hired on as an employee at the conclusion of the OJT contract.