Tax Credits
Work Opportunity Tax Credit - Available to employers who hire individuals from certain target groups, including people with disabilities. Employers may be able to reduce their federal tax liability by as much as $2,400 per new hire.
Disabled Access Credit - Helps small businesses cover the cost of making their businesses accessible. The average cost for accommodations is $50, but employers may qualify for up to $5,000 in tax credits.
Architectural and Transportation Tax Deduction - Businesses may take an annual deduction of up to $15,000 for expenses incurred to remove physical, structural, and transportation barriers.
Earned Income Credit (also sometimes referred to as the Earned Income Tax Credit) - This credit is available to some taxpayers based on the amount of their earned income. Effective January 1, 2008, all California employers are required to notify all of their employees of the federal Earned Income Tax Credit (EITC).