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Currently, when a small business invests in expanding access for individuals with a disability, they are eligible for a maximum tax credit of $10,250 per year. Under the Disabled Access Credit Expansion Act, the tax credit amount will double. Such a tax credit is an effective incentive to motivate small businesses to comply with the Americans with Disabilities Act (ADA) and accommodate the accessibility needs of all customers with disabilities. The bill will also expand the definition of a small business” to include businesses with an annual income of up to $2.5 million. This expansion will enable more businesses to become accessible. Additionally, As COVID-19 has expedited the transition into the digital age, access to online businesses is of heightened importance. Recognizing this development, the bill will provide tax credits for increasing digital, internet, and telecommunication accommodations.
Congress:
Pass the Disabled Access Credit Expansion Act!
Under the Disabled Access Credit Expansion Act, the tax credit small businesses receive for accessibility improvements will double. This expansion will enable more people with disabilities to access shops, restaurants and other businesses in their communities. Congress must pass it quickly!
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