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

In North Carolina, businesses that employ disabled workers may be eligible for a variety of special tax credits. The Work Opportunity Tax Credit is a federal tax credit of up to 40% of the first $6,000 of wages that a business pays to eligible employees who have a disability certified by a state vocational rehabilitation agency. The Disabled Access Credit is a federal tax credit of up to $5,000 to businesses that incur expenses to improve access to their facilities for individuals with a disability. The Disabled Tax Credit is a state tax credit of up to $1,500 that a business may qualify for if it employs a minimum of 25 disabled employees. Additionally, some North Carolina counties offer local tax breaks to businesses that employ disabled workers. Finally, businesses that employ disabled workers may be able to take advantage of the Self-Employment Assistance Program which provides assistance to individuals who want to start their own business. Overall, businesses that employ disabled workers in North Carolina may be eligible for special tax credits that can help them save money and invest in their workforce. By taking advantage of these credits and programs, businesses can help ensure that everyone is able to participate in the workforce and achieve economic security.

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