Small Business Tax Credit - Americans with Disabilities Act

Many small businesses complain when confronted with the expense of complying with the Americans with Disabilities Act. Most do not realize that there are a number of tax incentives available to offset the costs. Importantly, one tax incentive comes in the form of a tax credit, which is far more valuable than a tax deduction when it comes to creating tax savings.

Disable Access Tax Credit

If you make your small business accessible to persons with disabilities, you can take an annual tax credit. Your business is eligible if you earned one million or less the previous year or had 30 or fewer employees. If you meet this test, you can claim a tax credit of 50 percent of your expenditures to a maximum of $5,000. Since this is a tax credit, it is deducted from your total tax liability.

To claim this tax credit your expenditures must be paid or incurred to enable your business to comply with the Americans with Disabilities Act. Expenditures might include:

1. Purchase of adaptive equipment or modification of equipment;

2. Production of print materials in alternate formats such as Braille or audio; and

3. Sign language interpreters for employees or customers.

Modifications to buildings or offices also qualify as long as two criteria are met. First, the modifications cannot be construction of something new. Second, the building must have been in service prior to November 5, 1990.

Barrier Removal Tax Deduction

All businesses can take a tax deduction for expenditures incurred to remove physical, structural or transportation barriers for disabled individuals in the work place. This tax deduction carries no restrictions in regard to revenues earned or number of employees. Businesses may claim up to $15,000 a year as a tax deduction. Expenditure amounts exceeding this amount may also be claimed, but are subject to depreciation calculations.

To claim the barrier removal tax deduction, your expenditures must be related to making a facility or vehicle accessible to disabled persons. Examples include:

1. Providing ramps and curb cuts;

2. Making restrooms accessible to persons in wheelchairs; and

3. Expanding the width of sidewalks to at least 48 inches.

Significant Tax Break

Small business owners can double their tax saving pleasure by claiming both of these tax incentives in the same tax year. If a small business spent $20,000 creating wheelchair access to an office, it could take a $5,000 tax credit and a $15,000 tax deduction.

These tax incentives are in place to significantly reduce the burden of complying with the Americans with Disabilities Act. If you failed to claim the credit or deduction during the last three tax filing years, you should file amended tax returns to get a refund.

Richard Chapo is CEO of http://www.businesstaxrecovery.com - Obtaining tax refunds for small businesses by finding overlooked tax deductions and credits through a free tax return review.

MORE RESOURCES:

2009 CHICAGO BUDGET | Mayor wants to hike event, parking taxes to ... - Chicago Sun-Times

As the Economy Sinks, So Do Odds of a Tax Cut - U.S. News World Report

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/1i-0fd=Rurl=http://www.metronews.ca/edmonton/World/article/122958cid=1256027098ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNG-A8JAHkLh_KD016ukXwzt_KJcfQimg src=http://news.google.com/news?imgefp=sz_IVIVDWZMJimgurl=media.metronews.ca/images/45/7d/dc95255445cc84f8282037e90063.jpeg width=80 height=60 alt= border=1brfont size=-2Metro Canda - Edmonton/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/1-0fd=Rurl=http://www.usnews.com/blogs/flowchart/2008/10/9/as-the-economy-sinks-so-do-odds-of-a-tax-cut.htmlcid=1256027098ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNE7CmAL4wWu_hsBsc-6DhJd4CbulAAs the Economy Sinks, So Do Odds of a bTax/b Cut/abrfont size=-1font color=#6f6f6fU.S. News World Report,nbsp;DCnbsp;-/font nobrOct 9, 2008/nobr/fontbrfont size=-1One of the riskiest financial moves you make this year could be listening to the presidential candidates—and banking on a btax/b cut after the November b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-1fd=Rurl=http://www.youtube.com/watch%3Fv%3D3ShDaWICNZ4cid=1256027098ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNGSdjAF6sYUcywt-pyLOJeYryqIZAVideo: VP Debate - Tax Policies: Why are your tax policies not .../a font size=-1 color=#6f6f6fnobrCSPAN/nobr/fontobject width=448 height=356param name=movie value=http://www.youtube.com/v/3ShDaWICNZ4/paramparam name=wmode value=transparent/paramembed src=http://www.youtube.com/v/3ShDaWICNZ4type=application/x-shockwave-flashwmode=transparentwidth=448height=356/embed/objectbr/fontfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-2fd=Rurl=http://www.blackvoices.com/blogs/2008/10/10/lower-taxes-fix-the-economy/cid=1256027098ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNHcxlZx-5K-NtNmuVZM5Y6xSZLhqACan Lower bTaxes/b Fix The Economy?/a font size=-1 color=#6f6f6fnobrBlackvoices/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-3fd=Rurl=http://www.chron.com/disp/story.mpl/nation/6048058.htmlcid=1256027098ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNF0DZBitQBBVBzteS8rUBEGHho9cgBoth candidates mum on effect of crisis on spending, btaxes/b/a font size=-1 color=#6f6f6fnobrHouston Chronicle/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/1-4fd=Rurl=http://cbs4denver.com/seenon/obama.mccain.taxes.2.836041.htmlcid=1256027098ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNGDBO38I6BfovYkqSWyEKOcvFLCAAnobrcbs4denver.com/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/1-5fd=Rurl=http://politicalticker.blogs.cnn.com/2008/10/09/fact-check-obama-tax-plan-and-small-businesses/cid=1256027098ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNGRR4-CIohK0wwWEofcGxrfpmuPXAnobrCNN Political Ticker/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256027098hl=ennobrall 562 news articles/nobr/a/font/div/font/td/tr/table

Mayor: Homeowners#39; taxes to drop - Indianapolis Star

Meeting on Crisis, Executives Say High Taxes Hinder City’s Economy - New York Times

Economic decisions involve more than reducing taxes - Lexington Dispatch

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/4-0fd=Rurl=http://www.the-dispatch.com/article/20081010/COLUMNISTS/810100295/1053/sportscid=1254644376ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNGUnOE0NwV9boqnNFjS8TnXMTxh6gEconomic decisions involve more than reducing btaxes/b/abrfont size=-1font color=#6f6f6fLexington Dispatch,nbsp;NCnbsp;-/font nobr5 hours ago/nobr/fontbrfont size=-1Over the past few months, I have been following the policy debate between Republicans and Democrats over the idea of cutting btaxes/b. b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/4-1fd=Rurl=http://www.nzherald.co.nz/politics/news/article.cfm%3Fc_id%3D280%26objectid%3D10536917cid=1254644376ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNHLWBJr5aBb6RaCvhjAfW7QYSCeWQPublic at odds with parties over deficit/a font size=-1 color=#6f6f6fnobrNew Zealand Herald/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/4-2fd=Rurl=http://tvnz.co.nz/view/page/536641/2184525cid=1254644376ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNEI4CG-6Fzovv6KGUnjK4l8OsSSxABrash has recipe for recovery/a font size=-1 color=#6f6f6fnobrTVNZ/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1254644376hl=ennobrall 211 news articles/nobr/a/font/div/font/td/tr/table

Some real differences on carbon taxes . . . - Vancouver Sun

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/5-0fd=Rurl=http://www.canada.com/vancouversun/news/business/story.html%3Fid%3Df867a11a-be0d-411e-833f-355d7644afa0cid=1256409194ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNHfR-EUkVkxSrx7bdiVqYK5ojG4pgSome real differences on carbon btaxes/b . . ./abrfont size=-1font color=#6f6f6fVancouver Sun,nbsp; Canadanbsp;-/font nobr2 hours ago/nobr/fontbrfont size=-1The carbon btax/b issue -- or, more broadly, carbon pricing -- should be a key focus of debate in the federal campaign. It#39;s the one btax/b policy area where b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/5-1fd=Rurl=http://www.thestar.com/FederalElection/article/513650cid=1256409194ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNGz4w6T4szzKswHinnpb-sqZaEuTgRating the parties#39; plans to put a price on carbon/a font size=-1 color=#6f6f6fnobrToronto Star/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256409194hl=ennobrall 4 news articles/nobr/a/font/div/font/td/tr/table

Tax experts suggest ways to close $300 billion gap - The Associated Press

The Problem With Tax-Exempt Health Insurance - New York Times

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/7i-0fd=Rurl=http://www.boston.com/news/politics/2008/articles/2008/10/09/report_both_candidates_increase_health_coveragecid=1252219486ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNEJD_YTVcB9oJhgv2qqaFEzz9FwXwimg src=http://news.google.com/news?imgefp=ABO7kvmnubcJimgurl=cache.boston.com/resize/bonzai-fba/AP_Photo/2008/10/09/1223526034_7510/539w.jpg width=80 height=79 alt= border=1brfont size=-2Boston Globe/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/7-0fd=Rurl=http://campaignstops.blogs.nytimes.com/2008/10/10/the-problem-with-tax-exempt-health-insurance/%3Fref%3Dopinioncid=1252219486ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNGVFJydGZk64DqxGMo7EJHKiB7v3AThe Problem With bTax/b-Exempt Health Insurance/abrfont size=-1font color=#6f6f6fNew York Times,nbsp;United Statesnbsp;-/font nobr11 hours ago/nobr/fontbrfont size=-1By Ezekiel Emanuel In this installment of Health Care Watch, Stuart M. Butler and Ezekiel Emanuel talk about what the candidates are saying about btaxes/b and b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/7-1fd=Rurl=http://www.youtube.com/watch%3Fv%3DerspfMkqLN4cid=1252219486ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNFEnwjUt3Lwq5MCCEuicNzLFMs3JQVideo: McCain, Obama Differ Dramatically on Health Care/a font size=-1 color=#6f6f6fnobrAssociatedPress/nobr/fontobject width=448 height=356param name=movie value=http://www.youtube.com/v/erspfMkqLN4/paramparam name=wmode value=transparent/paramembed src=http://www.youtube.com/v/erspfMkqLN4type=application/x-shockwave-flashwmode=transparentwidth=448height=356/embed/objectbr/fontfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/7-2fd=Rurl=http://blogs.tnr.com/tnr/blogs/the_plank/archive/2008/10/06/mccain-i-m-not-raising-taxes-i-m-cutting-medicare.aspxcid=1252219486ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNFyrNGE1QveAskY7k9rrAvGK2OjuwMcCain: I#39;m Not Raising bTaxes/b. I#39;m Cutting Medicare!/a font size=-1 color=#6f6f6fnobrThe Plank on TNR.com/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/7-3fd=Rurl=http://www.hattiesburgamerican.com/article/20081010/OPINION01/810100369cid=1252219486ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNFvYaVr2Kraj_uWLJxYpjj3G0YeQgWatch McCain speak for himself/a font size=-1 color=#6f6f6fnobrHattiesburg American/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/7-4fd=Rurl=http://www.kaisernetwork.org/daily_reports/rep_index.cfm%3FDR_ID%3D54846cid=1252219486ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNGV99zM32r1fbbT7usp5tnKVZO11AnobrKaiser network.org/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/7-5fd=Rurl=http://www.galen.org/component,8/action,show_content/id,68/category_id,0/blog_id,1095/type,33/cid=1252219486ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNH7Ui4VlH_IdiPoEpg-x661MQo-sgnobrGalen Institute/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1252219486hl=ennobrall 1,648 news articles/nobr/a/font/div/font/td/tr/table

Oakland split over raising taxes for more cops - San Francisco Chronicle

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/8-0fd=Rurl=http://www.sfgate.com/cgi-bin/article.cgi%3Ff%3D/c/a/2008/10/09/BA5B13DUSA.DTLcid=1256067753ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNFfNDKT3F7S26oEswOpc0XZ0gt-nwOakland split over raising btaxes/b for more cops/abrfont size=-1font color=#6f6f6fSan Francisco Chronicle,nbsp; USAnbsp;-/font nobrOct 9, 2008/nobr/fontbrfont size=-14 ballot that would boost the size of the police force by raising property btaxes/b, with supporters saying more money is direly needed to fight crime while b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-1fd=Rurl=http://www.sfgate.com/cgi-bin/article.cgi%3Ff%3D/c/a/2008/10/10/BA5113F4LB.DTLcid=1256067753ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNFboAothy_2qDB0BM2GNOg6Wl0cGgOakland weighs cutting police overtime/a font size=-1 color=#6f6f6fnobrSan Francisco Chronicle/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256067753hl=ennobrall 8 news articles/nobr/a/font/div/font/td/tr/table

Don’t raise taxes - Buffalo News

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/9i-0fd=Rurl=http://www.abcnews.go.com/TheLaw/Economy/wireStory%3Fid%3D5991550cid=1255823033ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNHy26ji4-PM_CXoDBn181heQTHhtAimg src=http://news.google.com/news?imgefp=YoJpSGJsACMJimgurl=a.abcnews.com/images/Politics/tax_fraud_081009_mn.jpg width=80 height=60 alt= border=1brfont size=-2ABC News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/9-0fd=Rurl=http://www.buffalonews.com/149/story/459635.htmlcid=1255823033ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNE_oZ7wqIkQmt0eD7s4XF7m_xwYdwDon’t raise btaxes/b/abrfont size=-1font color=#6f6f6fBuffalo News,nbsp; United Statesnbsp;-/font nobr22 hours ago/nobr/fontbrfont size=-1If the hint from the administration of Erie County Executive Chris Collins that a property btax/b hike may be in the offing for 2009 is just a trail balloon, b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-1fd=Rurl=http://ap.google.com/article/ALeqM5hIK6KCg908gehZTEDOQCbHnauzOwD93MSISO0cid=1255823033ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNEEseEz5aLEiMEsXe1DDP9yhz2TKgStates to zero-in on btax/b cheats as economy sags/a font size=-1 color=#6f6f6fnobrThe Associated Press/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-2fd=Rurl=http://money.cnn.com/2008/10/09/news/economy/states_feel_the_pain/%3Fpostversion%3D2008100906cid=1255823033ei=H33wSPDqHZ_S9QTS0Jy6Bwusg=AFQjCNGuPqlUOynZs7Sz5ITnRvyWkh3fFAFor states, it#39;s #39;worst-case scenario#39;/a font size=-1 color=#6f6f6fnobrCNNMoney.com/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1255823033hl=ennobrall 229 news articles/nobr/a/font/div/font/td/tr/table

Taxes - Google News

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