IRS Tax Code Section 44 – Disabled Access Credit
The Americans with Disabilities Act (ADA) mandates that businesses modify their facilities to include people with disabilities. As a result, the Internal Revenue Code contains several Sections that provide Tax Incentives to comply with the law.
IRS Section 44 of the Internal Revenue Code grants eligible small businesses an annual tax credit of up to $5,000 for expenditures incurred "to comply with applicable requirements under the Americans with Disabilities Act of 1990". The amount that may be taken is 50% of the eligible access expenditures incurred that exceed $250 but do not exceed $10,250 per tax year.
Eligible small businesses should have gross receipts (for the year preceding the taxable year) under $1M or thirty or fewer full-time employees.
*This information provides general guidance. This is not financial tax advice. Consult your tax advisor for individual circumstances.
Click here for the Disabled Access Credit Form