Strategies for employers: financial incentives

Many employer are not aware of the ways to reduce taxes and or receive government stipends for hiring people with disabilities. Others do not want to bother with the paperwork involved to get deductions. Regardless, the employers must be qualified to perform the essential job functions. The Work Opportunity Tax Incentives Credit in which employers can receive a tax credit of up to $2,400 an employee. A second example is the Architectural and Transportation Barrier Removal Deductionin which a businesses may deduct up to $15,000 for making a facility or public transportation vehicle, more accessible to individuals with disabilities. A third example is the Special Incentives for Hiring Veterans (SEI) in which up to 50% of veteran’s salaries may be subsidized. Programs help reduce the cost of assisted technology and employment agencies provide on the job training in the cases of people who have intellectual challenges.