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

Yes, businesses in Delaware that employ workers with disabilities are eligible for a special tax credit. This credit is known as the Disabled Employment Tax Credit (DETC). The credit is applied against the Delaware income tax, Economic Development and Financial Institution Taxes (EFFIT), and the Gross Receipts Tax (GRT). The DETC allows employers to receive a tax credit of up to 50 percent of the first $10,000 of wages paid to a disabled worker. The total tax credit in a given tax year is limited to $5,000. The disabled worker must have been diagnosed with a physical or mental disability by a licensed physician and employed by the business for at least 90 consecutive days during the tax year. The DETC is an important program that helps to make Delaware more accessible for businesses and their employees with disabilities. By providing businesses with a financial incentive to hire disabled workers, the DETC helps to create jobs in the state while also providing disabled workers with meaningful employment. Additionally, any profits created by the increased employment of disabled workers can be used to further support disability-related services, making it a win-win for both businesses and individuals with disabilities.

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

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