Business Owners: Tax Incentives for Disability Accommodations

Leveraging Tax Credits and Deductions to Foster Inclusivity

Tax planning is a crucial aspect of Disability Planning. Understanding the available deductions, credits, and other tax considerations can alleviate some of the financial burdens associated with caregiving while maximizing available resources. In March I’m focusing on key tax planning considerations for parents and professionals who care for individuals significantly impacted by disabilities.

Inclusive environments benefit everyone, and small businesses can play a significant role by ensuring accessibility for individuals with disabilities. The Disabled Access Credit, Work Opportunity Tax Credit (WOTC), and Barrier Removal Tax Deduction are valuable incentives provided by the IRS to encourage businesses to prioritize disability accommodations. Let's explore how these tax incentives work and how they can help businesses create more accessible spaces while reducing their tax burden.