MYTHS & FACTS ABOUT THE ADA #7

MYTH:

The government is no help when it comes to paying for accessibility.

FACT:

Not so.  Federal tax incentives are available to help meet the cost of ADA compliance.

The Federal government has taken steps to encourage American businesses to increase accessibility. The Internal Revenue Code (IRC) now contains sections that provide tax incentives to comply with the law. Section 44 of the IRC grants eligible small businesses an annual tax credit up to $5,000 for expenditures to comply with the law. Section 190 of the IRC permits any business regardless of size to take a business deduction for qualified architectural and transportation barrier-removal expenses up to $15,000 for each taxable year. To learn more contact your local Internal Revenue Service (IRS) office or Office of Chief Counsel, IRS (202) 622-3110, 1-800-829-1040.

 

 

source: https://www.ada.gov and http://www.pva.org/

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