ADA Tax Credit InformationDec 01st, 2015 | ADA Compliance
Friends of SafePath:
As the end of the year approaches we wanted to share some valuable and often misunderstood tax credit information that equates to real dollars to you and your customers. This is a great way to reach out and stay in touch with your customers while relaying valuable financial tax information.
Federal tax credits are available to “eligible small businesses” in the amount of 50% for “eligible access expenditures” for the taxable year that exceeds $250.00 but does not exceed $10,250.00 per year.
An “eligible business” is any business or person that has 30 employees or fewer. The $1,000,000 requirement is for businesses that have 31 employees or more. This section has often been misinterpreted for many who thought that if they made more than $1,000,000 in gross receipts they were not eligible for this credit.
Eligible access expenditure examples include; removal of architectural barriers, providing Braille signage or providing other equipment for accessibility. (See all eligible expenditures attached).
Also attached you will find more information about this valuable tax code section. We have included IRS tax form 8826 and other tax relief information involving access barrier removal and targeted job tax credits for people with disabilities.
To get your ADA tax credit information click the link below.
We hope you find this information useful and have a great rest of the year!
To upgrade the transitions to your business please contact us:
TIMOTHY VANDER HEIDEN, J.D., is CEO
of SafePath Products and Van Duerr Industries, Inc. He has more than 21 years of experience marketing and manufacturing products
for ADA compliance, specializing in green technology for the architectural marketplace. Tim can be reached at 800.497.2003 or
firstname.lastname@example.org, or visit