ADA TAX CREDIT
SAVE $5,000 ON YOUR PURCHASE
Complete the form.
Submit with your federal tax filings.
SMALL BUSINESS TAX CREDIT
The Americans with Disabilities Act includes several provisions aimed at making businesses more accessible to people with disabilities. Customers who purchase products featuring electric power elevation, are often eligible for this tax credit.
The tax credit, established under Section 44 of the Internal Revenue Code, was created in 1990 specifically to help small businesses cover ADA-related “eligible access expenditures.” A business that for the previous tax year grossed less than $1,000,000 in revenue or who employed fewer than 30 full-time workers is an “eligible small business” for the Disabled Access Credit.
The Disabled Access Credit is equal to 50% of the “eligible access expenditures” which exceeds $250 but does not exceed $10,250, for a maximum credit of $5,000 a year.