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Do you qualify for the disabled access tax credit for small businesses?

by | Dec 23, 2021 | Tax Strategy

If your business makes structural adaptations or other accommodations for employees or customers with disabilities, you may be eligible for federal tax breaks. For example, there’s a (non-refundable) disabled access tax credit for small businesses that have expenses for providing access to persons with disabilities. An eligible small business is one that earned $1 million or less or had no more than 30 full-time employees the previous year. There’s also an architectural barrier removal tax deduction. Businesses may claim a deduction of up to $15,000 a year for qualified expenses on items that normally must be capitalized. For more details: https://bit.ly/338VKZb
#business #entrepreneur #taxes #taxfirm #taxfirm

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