Special tax credits are available to help smaller
businesses make accommodations required by the ADA.
- Work Opportunity Tax Credit (WOTC).
This credit is for employers who hire individuals from certain
low income categories, such as individuals with disabilities,
qualified welfare recipients, veterans, ex-felons, food
stamp recipients, and summer youth employees. The employer
may take a tax credit up to 35% for the first $6,000 (up
to $2,100 total,) in wages paid during the first 12 months
of work for a new hire. Certification is done through the
Vermont Department of Employment & Training.
- Welfare-to-Work
Tax Credit. This credit provides a similar incentive
to businesses that hire long-term
family assistance recipients, and allows an even
more generous credit of up to $3,500
per qualified worker in the first year of employment
and as much as $5,000 in the second year of employment
for a maximum tax savings of
$8,500 per new qualified worker.
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