Wednesday, September 28, 2016

50% Disabled Access Tax Credit

The 50% Disabled Access Tax Credit is a tax credit administered by the IRS that is available to a small business that pays or incurs expenses to provide access to persons with disabilities.  The expenses must be used to enable the eligible small business to comply with the American Disabilities Act of 1990.

Details:

  • Designed for rehab of commercial buildings that house “small businesses”.
  • Work must meet current ADA Standards.
  • Credit = 50% of the amount spent making a business acessible.
  • Eligibility: 

    To be eligible for “small business” status, a business must have either:

  • Less than $1 million in gross recipts in preceding year; or
  • Less than 30 full-time employees in preceding year
  • To Apply:
    Visit the IRS Forms and Publications resource page online to download Form 8826 (Disabled Access Credit).