Tax Law and News Tax benefits: Accommodations for people with disabilities Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Scott Cytron Modified Oct 29, 2024 1 min read If your clients have businesses that make structural adaptations or other accommodations for employees or customers with disabilities, they may be eligible to save money on their taxes. Disabled Access Credit The Disabled Access Credit is a non-refundable credit for small businesses that have expenses for providing access to people with disabilities. An eligible small business is one that earned $1 million or less, or had no more than 30 full-time employees in the preceding taxable year. The business can claim the credit each year they incur access expenditures, and claim the credit by completing Form 8826, Disabled Access Credit, and filing it with their federal tax return. Barrier Removal Tax Deduction The Architectural Barrier Removal tax deduction encourages businesses of any size to remove architectural and transportation barriers to the mobility of people with disabilities and the elderly. Businesses may claim a deduction of up to $15,000 a year for qualified expenses on items that normally must be capitalized. Businesses claim this deduction by listing it as a separate expense on their income tax return. Businesses may use the Disabled Tax Credit and the architectural/transportation tax deduction together, in the same tax year, if the expenses meet the requirements of both sections. To use both, the deduction is equal to the difference between the total expenses and the amount of the credit claimed. Related article: The Work Opportunity Tax Credit: A win-win for business owners and disabled workers Previous Post Boo! Extension season horror stories Next Post December 2024 tax and compliance deadlines Written by Scott Cytron Scott H. Cytron, ABC, is editor of several Intuit blogs, including the Firm of the Future, the QuickBooks blog, and the Tax Pro Center. He is president of Cytron and Company, known for helping companies and organizations improve their bottom line through strategic public relations, communications, marketing programs and top-notch client service. An accredited consultant, Scott works with companies, organizations and individuals in professional services (medical, legal, accounting, engineering), high-tech and B2B/B2C product/service sales. More from Scott Cytron Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Notify me of new posts by email. Δ Browse Related Articles Tax Law and News TCJA Allows People With Disabilities to Put More Money … Tax Law and News Renewed work opportunity tax credit can help employers … Tax Law and News Employee Retention Credit: key benefit for small busine… Tax Law and News 5 Facts About the Small Business Health Care Tax Credit Tax Law and News Tax credits available to small employers to provide pai… Tax Law and News IRS provides guidance for employers claiming the Employ… Tax Law and News IRS Announces New Employer Tax Credit for Paid Family a… Tax Law and News 7 warning signs ERC claims may be incorrect Tax Law and News Tax credits for businesses that opened during COVID-19 Tax Law and News New law extends COVID-19 tax credit for employers who k…