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

Yes, businesses in Washington State that employ disabled workers may qualify for special tax credits. The Washington State Business & Occupation Tax Credit Program provides a tax credit to employers offering training, employment and job advancement opportunities to people with disabilities. The credit is 50% of wages paid to qualified employees working up to 1,500 total hours. The total annual credit is limited to $1,500 per employee, with a maximum of $20,000 in credits available per business. In addition, businesses may also qualify for the federal Work Opportunity Tax Credit, which is available to employers who hire individuals from certain target groups, including individuals with a disability. The maximum tax credit is 25%, or up to $2,400 per eligible employee. Businesses can also benefit from federal and state tax deductions for certain costs associated with providing accommodations for disabled employees. Finally, businesses may be eligible for the Architectural and Transportation Tax Deduction, which can provide an annual deduction of up to $15,000 for certain accessibility improvements such as ramps or wheel chair lifts. To find out more about the tax credits and deductions available for businesses that employ disabled workers, businesses should contact the Washington State Department of Revenue as well as the Internal Revenue Service.

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

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