Are there any special tax credits available for businesses that employ disabled workers?

Yes, businesses that employ disabled workers in California may be eligible for special tax credits. The California Disabled Access Credit (CDAC) is a tax credit available to small businesses that incur costs to provide access to disabled individuals. To qualify, businesses must have fewer than 50 employees and spend at least $250, but not more than $10,000, for disability access compliance. The credit is worth 50% of disability access expenditures over the taxable year, up to a maximum of $5,000. Additionally, businesses may claim a federal tax credit, known as the Work Opportunity Tax Credit (WOTC), for hiring disabled workers. The amount of the credit depends on the number of workers hired, but can range from $2,400 to $9,600. In order to qualify for the credit, the business must meet certain criteria, such as hiring a qualified disabled individual who begins work within the timeframe specified by the WOTC. To apply for the CDAC and WOTC credits, businesses must fill out the appropriate forms and submit them to the California Department of Rehabilitation and the Internal Revenue Service respectively.

Related FAQs

Are there any laws that protect the rights of elderly people with disabilities?
Are employers required to provide reasonable leave time to disabled employees?
Are employers required to make reasonable modifications to their facilities for disabled employees?
What are the various types ofdiscrimination prohibited by the Americans with Disabilities Act?
Are transportation services required to accommodate disabled passengers?
What is the process for filing for Social Security disability benefits?
What is a reasonable accommodation?
Are disabled people entitled to special consideration when applying for jobs?
What are my rights under the ADA?
Are disabilities considered when determining disability insurance benefits?

Related Blog Posts

What Everyone Must Know About Disability Law - July 31, 2023
Defending Your Rights as a Disabled Person: A Guide to Disability Law - August 7, 2023
Understanding the Different Types of Disability Law - August 14, 2023
How to Seek Legal Representation for Disability-Related Issues - August 21, 2023
The Pros and Cons of Appealing a Disability Denial - August 28, 2023