The Incentivizing Small Business Employee Retention Act of 2026 enhances tax credits for small businesses that retain employees.

The bill enhances the work opportunity tax credit for small businesses that retain employees, particularly those with disabilities, older adults, and veterans. It increases the credit for wages paid to these groups over five years. The bill also raises the deduction limit for removing architectural and transportation barriers for individuals with disabilities and older adults. Additionally, it extends the work opportunity credit through September 30, 2030, and requires reports on the credit's impact on small businesses.

The Incentivizing Small Business Employee Retention Act of 2026 enhances tax credits for small businesses that retain employees.

The bill enhances the work opportunity tax credit for small businesses that retain employees, particularly those with disabilities, older adults, and veterans. It increases the credit for wages paid to these groups over five years. The bill also raises the deduction limit for removing architectural and transportation barriers for individuals with disabilities and older adults. Additionally, it extends the work opportunity credit through September 30, 2030, and requires reports on the credit's impact on small businesses.