WHAT IS DISABILITY CONFIDENT U.S.A?
WHY YOU SHOULD JOIN THIS PROGRAM?
According to the Institute on Disability, “If people with disabilities were a formally recognized minority group, at 19% of the population, they would be the largest minority group in the United States.” As a Disability Confident business to be able to harness this untapped talent pool of workers just makes great business sense allowing your organization to play a leading role in changing attitudes for the better by creating Disability Confident organizational learning positively affecting corporate culture, your networks, and your communities.
BUSINESS CASE HOW THIS PROGRAM ASSISTS EMPLOYERS
Companies can reach as many as 4 out of every 10 consumers with marketing programs aimed at people with disabilities and their family members increasing product reach.
Hiring and retaining people with disabilities positions business to qualify for federal contracts and requests for proposals (RFPs), qualify for tax credits and expand the employer’s customer base.
Individuals with disabilities represent a market for goods and services with $220 Billion in discretionary income and $1 Trillion in aggregate income. And as the global market grows these numbers will also grow as more individuals with disabilities enter the workforce, their purchasing power will increase.
When recruitment and hiring practices are inclusive and built upon a universal design.
Increased ability to find and retain talent
Reduced recruitment costs
This business practice instills confidence in your staff ensuring them that your company is dedicated to maximizing human potential while sending a strong signal to your community and clients that your organization is a leader in the local business community.
Tax Benefits For Businesses Who Have Employees With Disabilities
Businesses accommodating people with disabilities may qualify for some of the following tax credits and deductions. More detailed information may be found in the IRS publications referenced.
Disabled Access Credit
The Disabled Access Credit 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 is one that earned $1 million or less or had no more than 30 full time employees in the previous year; they may take the credit each and every year they incur access expenditures. Refer to Form 8826, Disabled Access Credit (PDF), for information about eligible expenditures.
Barrier Removal Tax Deduction
The Architectural Barrier Removal Tax Deduction 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. Businesses claim the deduction by listing it as a separate expense on their income tax return. Also, businesses may use the Disabled Tax Credit and the architectural/transportation tax deduction together in the same tax year.
Work Opportunity Tax Credit
The credit provides employers incentives to hire qualified individuals from these target groups. The maximum tax credit ranges from $1,200 to $9,600, depending on the employee hired and the length of employment. The credit is available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment. This includes people with disabilities and veterans.
For more information on claiming this credit, go to the Work Opportunity Tax Credit page and the changes to the credit from the Protecting Americans from Tax Hikes Act of 2015 (PATH Act). Get the latest information about Form 5884, Work Opportunity Credit, and its instructions, and Form 8850, Pre-Screening Notice and Certification Request for the Work Opportunity Cred.