Which program allows employers to receive a tax credit for hiring individuals with disabilities?

The Work Opportunity Tax Credit (WOTC) is the program that allows employers to receive a tax credit for hiring individuals with disabilities. This credit is designed to encourage businesses to employ individuals who face significant barriers to employment, including those with disabilities.

The WOTC provides a financial incentive for employers to create job opportunities, and it can significantly reduce federal tax liabilities for those who participate in the program. By hiring individuals who qualify for the WOTC, employers may receive a tax credit that varies depending on the amount of money the employee earns and the duration of their employment. This incentive supports both the hiring of individuals with disabilities and the overall commitment to workforce diversity.

While the Workforce Innovation and Opportunity Act (WIOA) plays a crucial role in improving the workforce system in the U.S. and emphasizes the inclusion of individuals with disabilities in employment, it does not directly provide a tax credit to employers. Similarly, the Vocational Rehabilitation Program focuses on providing services to individuals with disabilities to help them prepare for, find, and maintain suitable employment, but it does not involve tax credits for employers. The Tax Relief for Employers Program is not a commonly recognized or specific initiative related to tax credits for hiring individuals with disabilities.

Therefore, the Work Opportunity Tax