Employer

 

WOTC & WTW TAX CREDIT

Work Opportunity Tax Credit – WOTC is available to employers for hiring individuals from economically disadvantaged backgrounds. Employers can receive a tax credit of up to $2,400 per individual hired. Many people with disabilities meet the criteria for WOTC, including all recipients of Supplemental Security Income (SSI) and all clients of state Vocational Rehabilitation agencies.

Welfare-to-Work Tax Credit – If a person with a disability is a recipient of Temporary Aid to Needy Families (TANF) at the time of hire, the employer can receive a federal tax credit for up $8,500 per individual hired.

Additional information on these tax credits can be obtained from the U.S. Department of Labor: http://www.doleta.gov/business/Incentives/opptax/.

WOTC and WTW tax credit request forms and state contact information can also be obtained by calling (877) 828-2050 (a toll-free number). This Fax-On-Demand service allows access to WOTC/WTW request forms via Fax by using a touch-tone telephone or a fax machine. Up to two documents may be requested per call. Once you call this service, simply follow the instructions and enter the document number (listed below) that corresponds to the form or information needed.

 

ADA SMALL BUSINESS CREDIT

Businesses with 30 or fewer employees or $1,000,000 or less per year in total revenue can receive a tax credit for the cost of accommodations provided to an employee (or customer) with a disability.  This credit covers 50% of eligible expenditures up to $10,000 (maximum credit per year of $5000).  For additional information, contact the Internal Revenue Service.

• Web site: www.irs.ustreas.gov

• Voice: 800-829-1040; TDD: (800) 829-4059

Publications (request publications 535 and 334 which cover ADA deductions & credits) Voice: (800) 829-3676; TDD: (800) 829-4059

 

 

FEDERAL BONDING PROGRAM

In 1966 the U.S. Department of Labor established The Federal Bonding Program to provide Fidelity Bonds that guarantee honesty for “at-risk”, hard-to-place job seekers. The bonds cover the first six months of employment. There is no cost to the job applicant or the employer. In most states the bonds are made available through the state agency responsible for workforce matters.

The Federal Bonding Program is a partnership between the U. S. Department of Labor and The McLaughlin Company, an insurance brokerage firm, as agent for Travelers Casualty and Surety Company of America.

 

THE JOB ACCOMMODATION NETWORK

The Job Accommodation Network (JAN), a service of the United States Department Of Labor Office of Disability and Employment Policy, is a free on-line and telephone resource for anyone who has questions about job accommodations, or about the employment sections of the Americans with Disabilities Act (ADA).