Tax Credits/Incentives

Resources to Save You Money

• Work Opportunity Tax Credit (WOTC)

  Available to employers who hire individuals from certain targeted groups by offering them a federal income tax credit. The WOTC can reduce an employer’s federal tax liability by up to $9,600 per new hire.

• Disabled Access Credit

  Helps small businesses cover the cost of making their businesses accessible to persons with disabilities. The maximum amount of the credit is $5,000.

• Architectural and Transportation Tax Deduction

  Businesses may take an annual deduction of up to $15,000 for expenses incurred to remove architectural and transportation barriers to persons with disabilities and the elderly.