The Americans with Disabilities Act (ADA) Tax Credit is a tax credit that is available to small businesses that incur expenses to make their facilities or products more accessible to people with disabilities. The tax credit is intended to help small businesses cover the costs of complying with the ADA, which is a federal law that prohibits discrimination against people with disabilities in the workplace and in public accommodations.
To claim the ADA Tax Credit, businesses must complete Form 8826, Disabled Access Credit, and attach it to their tax return. Form 8826 is available on the Internal Revenue Service (IRS) website and can be completed and submitted electronically or by mail.
In addition to completing Form 8826, businesses must also keep records of their expenses and be prepared to provide documentation if requested by the IRS. This includes invoices, receipts, and other documentation that shows the expenses that were incurred and the improvements that were made to make the facilities or products more accessible to people with disabilities.
To claim the credit, businesses must have incurred expenses to make their facilities or products more accessible to people with disabilities. These expenses may include the cost of installing ramps, elevators, or other accessibility features, as well as the cost of modifying products or making them more accessible to people with disabilities.
It’s pretty simple to claim the credit, and they want you to have it.
The longer you remain a member of My Site Comply, the larger the credit you will qualify for. Your website will be ADA compliant within the first month of your membership. By staying with us for 12 months, your tax credit will be somewhere around $2,000.
