§44 Expenditures to provide access to disabled individuals

Summary

Lets small businesses claim a tax credit for making their place or services accessible to people with disabilities. The credit equals 50% of qualifying access spending that is more than $250 but not more than $10,250 in a year (so the credit can be up to $5,000). To use the credit, a business must either have had $1,000,000 or less in gross receipts last year or have no more than 30 full-time employees last year, and the business must choose the credit for the tax year. Qualifying spending pays for work needed to meet the Americans with Disabilities Act, like removing barriers, providing interpreters or readers, or buying or changing equipment. Spending must be reasonable, not for a facility first used after the law was passed, and must meet standards set by the IRS Secretary with the Architectural and Transportation Barriers Compliance Board. Businesses in a controlled group are treated as one for the dollar limit, and the Secretary will split the limit among group members. Partnerships, S corporations, short tax years, returns and allowances, predecessors, and other technical details are handled by rules the Secretary will write. The credit cannot be claimed again as another deduction or increase property basis.