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Employer Incentives for Hiring Individuals with Disabilities. Iowa Division of Vocational Rehabilitation Services. Agenda. Features and Benefits for Employers DVRS Services for Employers Ticket-to-Work and Benefits to Employers Contributions to the Bottom Line and Profit.
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Employer Incentives for Hiring Individuals with Disabilities Iowa Division of Vocational Rehabilitation Services
Agenda • Features and Benefits for Employers • DVRS Services for Employers • Ticket-to-Work and Benefits to Employers • Contributions to the Bottom Line and Profit
Features and Benefits • Staffing • Financial Incentives • Accessibility Analysis • Education and Training
Staffing • Pool of Qualified Applicants • On-the-Job Training and Coaching • Long-term Follow-up
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
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
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.htm State WOTC Coordinators Contact List 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
Accessibility Analysis • Consultation on ADA Legislation • Consultation on Assistive Technology
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 theemployee and employer. Together reviewing and developing necessary job related services and training over time.