ADA

*Write-Offs for Qualifying Equipment 

Did you know you may be eligible for an equipment tax deduction or credit? According to Section 179 and Section 44 of the IRS tax code, you may be able to deduct the total purchase price or apply a credit up to 50% on qualifying equipment. (Please consult your tax professional to determine your personal eligibility). 

Section 179 

Section 179 of the IRS tax code allows businesses to deduct the FULL PURCHASE PRICE of qualifying equipment and/or software purchased or financed during the tax year from your gross income! 

How Section 179 Works 

● In the past, when your business bought qualifying equipment, it typically wrote it off a little at a time through depreciation. 

● Section 179 allows your business to write off the entire purchase price of qualifying equipment for the current tax year. 

● Businesses can use Section 179 to purchase needed equipment right now instead of waiting. In addition, for most small businesses, the entire cost of qualifying equipment can be written-off (up to $1,000,000). 

ADA, Section 44 (Disabled Access Credit) 

Under Section 44, The Americans with Disabilities Act (ADA) allows you to apply a credit of 50% of your purchase amount, up to $10,250 (maximum credit of 

$5000) for qualifying equipment to offset the cost of purchasing specific adaptive equipment. 

Do You Qualify? 

Do you have: 

● Total revenues of $1,000,000 or less in the previous tax year? 

● Or 30 or fewer full-time employees? 

Download IRS Form 8826 to claim the credit. 

https://www.ada.gov/form8826.pdf 

*This is not tax advice. Please consult your tax professional to determine your eligibility.