Q&A of the Week July 27, 2022

Question

What is the Disabled Access Credit?

Answer

Small businesses may qualify for the Disabled Access Credit if they made purchases to comply with the Americans with Disabilities Act. Eligible expenses may include:

• Purchases that make a business accessible or usable by individuals with disabilities.

• Purchases of equipment for individuals with disabilities.

• Purchases that provide interpreters or other methods of making audio materials available for hearing-impaired individuals.

• Purchases that make visual materials available for visually-impaired individuals.

• Purchases must be reasonable and necessary.

To receive this credit, small businesses must attach IRS Form 8826 to their tax return.

Additional information about eligibility and restrictions can be found here: https://www.irs.gov/pub/irs-pdf/f8826.pdf