Small Business Tax Benefits for Inclusive Hiring
There are many incentives and benefits across the board for small businesses to hire with diversity in mind. This is a great guide to some potential tax benefits to hiring workers with disabilities and even includes a resource list to help you approximate tax credits! Tax Credits for Hiring Workers With Disabilities By: Paul Chaney Small businesses are the backbone of the American economy and create 65 percent of new net jobs, according to the Small Business Administration (PDF). How can small businesses, facing constant financial pressure and increasing government regulations, ensure continued growth? One way is to hire people with disabilities. To help employers capitalize on the value and talent that people with disabilities can offer, the Federal Government offers three types of tax credits : Disabled Access Credit, Architectural Barrier Removal Tax Deduction and Work Opportunity Tax Credit. Disabled Access Credit The Disabled Access Credit — a non-refundable ann...