Are there any tax credits that encourage employment of people with disabilities?
According to the US Equal Opportunity Employment Commission: The Internal Revenue Code includes several provisions aimed at making businesses more accessible to people with disabilities: • Small Business Tax Credit (Internal Revenue Code Section 44: Disabled Access Credit) Small businesses with either $1,000,000 or less in revenue or 30 or fewer full-time employees may take a tax credit of up to $5,000 annually for the cost of providing reasonable accommodations such as sign language interpreters, readers, materials in alternative format (such as Braille or large print), the purchase of adaptive equipment, the modification of existing equipment, or the removal of architectural barriers. • Work Opportunity Tax Credit (Internal Revenue Code Section 51) Employers who hire certain targeted low-income groups, including individuals referred from vocational rehabilitation agencies and individuals receiving Supplemental Security Income (SSI) may be eligible for an annual tax credit of up to $2
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