Tax Benefits

Man in wheelchair using a laptop

Disabled Access Credit 

  • Tax credit for 50% of eligible expenditures over $250 up to $10,500 a year (tax bill reduced to $5,000).
  • Provides a non-refundable credit for small businesses that incur expenditures for the purpose of providing access to persons with disabilities.
  • An eligible small business earns $1 million or less or has no more than 30 full-time employees in the previous year; they may take the credit each and every year they incur access expenditures.

Barrier Removal Tax Deduction 

  • Tax deduction that encourages businesses of any size to remove architectural and transportation barriers to the mobility of persons with disabilities and the elderly.
  • Businesses may claim a deduction of up to $15,000 a year for qualified expenses for items that normally must be capitalized.

Work Opportunity Credit 

  • Tax credit up to 40% of the first $6,000 of first-year wages of a new employee if the employee is part of a “targeted group.”
  • The credit is available to the employer once the employee has worked for at least 120 hours or 90 days.
  • For veterans with a service-related disability, who were hired after May 25, 2007, the first-year wages taken into account is increased to $12,000.

Visit the IRS website for more information on Tax Benefits for Businesses that have Employees with Disabilities.

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