ADA Tax Credit
Audrey Glover-Dichter
AI Law, Data Privacy Law, Advertising/Marketing/Promotions Law, Trademark & Copyright, drafting business documents.
By: E. Audrey Glover-Dichter, Attorney at Law, Copyright 2021
Who doesn’t want to take advantage of a business tax credit?
As a small business owner myself, I love tax credits, when they apply to my business. I’m excited to share some good news for my fellow small business owners.
There is a “tax credit” for ADA compliance!
Yes, you read that correctly. There is a “tax credit” for ADA compliance!
To whom does this tax credit apply?
Great question! I thought you’d never ask.
The tax credit is for small businesses.
Hmmm, how is small business defined in this case?
Under this particular section of the IRS code, small business is defined as either…
- Revenue of $1 million or less in the previous year OR
- Have 30 or less full-time employees
What kind of ADA compliance does this tax credit cover?
Another awesome question - thanks for asking.
The ADA tax credit is to help cover the costs for small business to ADA compliant. To simplify, the business needs to remove barriers for employees and customers such as:
- Readers for the visually impaired.
- Purchase of adaptive equipment
- Production of accessible format materials
- Architectural barrier removal
What’s the catch?
Well, there is a limit as to how much credit a small business can take.
Here is the breakdown:
- Total max expenditure in a year - $10,250
- Tax credit is 50% of the eligible access expenditure
- Credit does not cover first $250 of expenditures.
- Max credit allowed is $5,000.
Bottom Line is, small businesses have the potential to fix their non ADA compliant websites and get the tax credit for doing so.
This is a great incentive to work with professionals to be ADA online compliant and at a much lesser cost than a lawsuit.
Don’t want to get sued or fined? Let’s talk so I can help you by reviewing your website for legal compliance with ADA requirements, while potentially taking advantage of the tax credit (if you qualify). I offer a 15 minute free legal consultation and here is how you can reach me:
Email: [email protected]
For appointments, please use my Calendly Link:
https://calendly.com/audrey-advertisinglaw/15min
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Ensure your website is lawsuit-proof with a proven, digital accessibility solution. ADA Website Accessibility & Compliance | CEO & Founder at Zenyth Group.
3 年Thanks for sharing this important and timely information E. Audrey Glover-Dichter (she/her/hers)
Clear financial guidance for Attorneys & Small Business Owners ??
3 年Compliance pays! E. Audrey Glover-Dichter (she/her/hers)
The Myth Slayer?? Transformational Coach for Attorneys ?? 2x TEDx Speaker ?? Ignite Rebirth, Inspiration, & Bold Impact ?? I Want Your Future to Be EPIC!
3 年This is really useful information, E. Audrey Glover-Dichter (she/her/hers) ! Thank you!
My systems improve cash flow and profitability for any business. Follow me to get unique insights on cash flow and profitability. I appear on podcasts, TV, and conferences to share my passion in a fun and engaging style.
3 年Nice article and an easy read E. Audrey Glover-Dichter (she/her/hers)
Community Manager at Evyrgreen Networking
3 年It really helps to know the IRS code! Every business should try to take advantage of this, after consulting with the right people of course