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Employer Incentives for Hiring Individuals with Disabilities Iowa Division of Vocational Rehabilitation Services.

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Presentation on theme: "Employer Incentives for Hiring Individuals with Disabilities Iowa Division of Vocational Rehabilitation Services."— Presentation transcript:

1 Employer Incentives for Hiring Individuals with Disabilities Iowa Division of Vocational Rehabilitation Services

2 Agenda Features and Benefits for Employers DVRS Services for Employers Ticket-to-Work and Benefits to Employers Contributions to the Bottom Line and Profit

3 Features and Benefits Staffing Financial Incentives Accessibility Analysis Education and Training

4 Staffing Pool of Qualified Applicants On-the-Job Training and Coaching Long-term Follow-up

5 Financial Incentives Work Opportunity Tax Credit Federal Disabled Access Tax Credit Federal Architectural and Transportation Barrier Removal Tax Credit Iowa Assistive Device Tax Credit Iowa Small Business Income Tax Deduction

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7 Work Opportunity Tax Credit Purpose Hire workers with disabilities and integrate the workforce Expenses Covered Part of first year’s wages paid to worker with a disability, referred by VRS; others Amount of the Tax Break 40% of the first $6,000 in wages paid the first year $2,400 cap per EE Qualifying Businesses Employer who hires a person with a disability via a Voc Rehab Services referral

8 Work Opportunity Tax Credit Legal References 26 U.S.C. Section 51 26 I.R.C. Section 1.51 More information http://www.uses.doleta.gov/wotcdata.asp, http://www.uses.doleta.gov/updates.asp, and http://www.dol.gov/odep/media/press/tax.htmhttp://www.uses.doleta.gov/wotcdata.asp http://www.uses.doleta.gov/updates.asp http://www.dol.gov/odep/media/press/tax.htm State WOTC Coordinators Contact List http://www.uses.doleta.gov/pdf/sesacoorddirect00.pdf http://www.uses.doleta.gov/pdf/sesacoorddirect00.pdf Work Opportunity and Welfare-to-work Tax Credits Reporting System User’s Guide http://www.uses.doleta.gov/pdf/WOTC_WtW_Reporting_System _User_s_Guide.pdf http://www.uses.doleta.gov/pdf/WOTC_WtW_Reporting_System _User_s_Guide.pdf

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17 Accessibility Analysis Consultation on ADA Legislation Consultation on Assistive Technology

18 Ticket to Work Social Security Program for individuals receiving SSI / SSDI benefits that want to pursue employment or return to work. Motivated individuals can still receive Social Security Income while they stabilize their employment. Medicaid and Medicare offering extended coverage. Thus avoiding the immediate need for health insurance benefits for new employees. Employment Networks / Service Providers work together with both the employee and employer. Together reviewing and developing necessary job related services and training over time.

19 Contributions to the Bottom Line and Profit


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