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
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Top Tax Planning Strategies For Maximizing Business Savings
Tax planning plays a key role in maximizing savings for any business. By carefully considering how taxes are handled, businesses can keep more of their earnings and plan for a more efficient future. It's important for business owners to view taxes not as a once-a-year...
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