Improving accessibility at your business may come with a valuable tax break: Eligible small businesses can claim the Disabled Access Credit for certain costs related to improving accessibility for individuals with disabilities. A business may qualify if, in the prior tax year, it had gross receipts of $1 million or less or no more than 30 full-time employees.
The credit equals 50% of eligible expenses above $250 but not above $10,250. Examples of potentially eligible costs include providing interpreters for people with hearing impairments, providing readers for people with visual impairments, and acquiring or modifying equipment or devices. Contact our office if you need guidance on the credit.
The maximum credit is $5,000 per year (50% of the $10,000 spread between $250 and $10,250). Claim it on Form 8826. Note also that the credit and the separate Sec. 190 barrier-removal deduction (up to $15,000) can be used in the same year, but not on the same dollars of expense – that pairing is a real planning point and lengthens the article usefully.