S.1656

New Jersey S1656 provides tax credits for employers of certain persons with disabilities.

New Jersey S1656 provides corporation business and gross income tax credits for employers of certain persons with disabilities. The credit is up to 15 percent of the wages paid by the taxpayer during a taxable year to a qualifying employee with a disability, not to exceed $2,000 per qualified employee. To claim the credit, a taxpayer must submit an application to the Director of the Division of Vocational Rehabilitation Services in the Department of Labor and Workforce Development for certification that the employee has a disability for purposes of qualifying for the credit.