|The ADA is intended to prohibit discrimination because
of disability in mobility in places "open to the public," including office
buildings, factories, and other places in which employment will occur. The Board has
published the following Federal Register and issued accessibility standards to help the
Department of Justice in enforcing the ADA and to help the Internal Revenue Service in
granting this Disabled Access Credit.
The Disabled Access Tax
Credit of up to $5000.00 per year has been granted by Congress to encourage taxpayers to
remove impediments to the mobility (i.e., "access") of handicapped and elderly
persons in Public accommodations and Commercial facilities to comply with the ADA of 1990,
P.L. 101-336, effective January 26, 1992.
The Tax Credit can be claimed only for properties, buildings,
and facilities first occupied before November 5, 1990. In addition, only a business
a) gross receipts not more than $1 million per year
b) if gross receipts do exceed $1 million, having not more than 30
full time employees in the preceding tax year (a full-time employee means at least working
at least 30 hours per week for 20 or more calendar weeks in the tax year)
can claim this Tax Credit as an eligible small business. Larger
businesses may claim a tax expense of of the first $15,000 of capital expenditures per the
Internal Revenue Service Code, IRC 190.
Any unused Tax Credit can be carried back 3 years and forward 15
years as a benefit on the tax returns.