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30-Second Employer Training Series

30-Second Employer Training Series. What tax incentives are available for employers who hire individuals with disabilities?. This training series is a tool kit for employers to understand why it makes good business sense to hire and retain individuals with disabilities. Click here to begin:.

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30-Second Employer Training Series

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  1. 30-Second Employer Training Series What tax incentives are available for employers who hire individuals with disabilities? This training series is a tool kit for employers to understand why it makes good business sense to hire and retain individuals with disabilities. Click here to begin: Training series originally developed by NDI Consulting Inc., national technical assistance provider to the Disability Program Navigator initiative. Customized by the Maryland Department of Disabilities through Medicaid Infrastructure Grant funding from the Centers for Medicaid and Medicare CFDA 93.768.

  2. What tax incentives are available for employers who hire people with disabilities? Tax incentives? There are no tax benefits for employing people with disabilities. A Under the ADA, businesses can utilize the Disabled Access Credit and Barrier Removal Deduction. B Private sector employers who hire people with disabilities may be eligible for the Work Opportunity Tax Credit (WOTC). C D Both B & C.

  3. That’s not right… Good news! Businesses can utilize several tax incentives available to help cover costs associated with making access improvements for employees and customers with disabilities. Try again!

  4. True, but there is more… Yes. Businesses can take advantage of two Federal tax incentives available to help cover costs of making access improvements for customers and employees with disabilities: • Disabled Access Credit for small businesses • Barrier Removal Deduction for all businesses Please try again.

  5. True… Private-sector businesses that hire certain individuals with disabilities may be eligible for the Work Opportunity Tax Credit (WOTC). This tax credit provides employers with a credit of up to $2,400 per new adult hire if the individual is part of one or more targeted groups, including vocational rehabilitation customers and Supplemental Security Income (SSI) recipients. For employees who are qualified Veterans with disabilities, this credit is doubled. But that’s not all! Try again!

  6. CORRECT! • Employers can utilize three key tax incentives when employing workers with disabilities. • These include: • Disabled Access Credit • Barrier Removal Deduction • Work Opportunity Tax Credit (WOTC) For information about Maryland’s Disability Employment Tax Credit, click here. Click here for resources and further information:

  7. Resources Society for Human Resource Management (SHRM) Disability Employment Resource Page For more detailed information about these tax incentives, check out ADA Quick Tips: Tax Incentives. For more information on the Work Opportunity Tax Credit (WOTC), see the U.S. Department of Labor's Office of Disability Employment Policy WOTC Fact Sheet. For more information about ADA related tax incentives, visit the DOJ’s Tax Incentives for Business. ______________________________________________________________________________ For Maryland specific information, click here. For more information from the Department of Labor, Licensing, and Regulation, click here. Maryland Department of Disabilities Fact Sheet: What Type of Tax Incentives/Credits are Available? Click here for FAQs related to Tax Incentives/Credits.

  8. Join Maryland’s Work Matters Business Partnership, a network of innovative, socially responsible businesses focused on profitability and productivity. employer@mdod.state.md.us (410) 767-3660

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