The following tax credit information can help customers purchase Toshiba IPedge and CIX Telephone Systems and Stratagy® voicemail systems. These systems are both hearing aid compatible, and can also be equipped to support TTY/TDD machines. This is especially timely at this critical times of the year when taxes are most important to the customer. We are not acting as a tax consultant but are bringing additional value to the transaction to help customers save money. The following is a brief overview of the Disabled Access Credit from the ADA (American Disabilities Act). Keep in mind that no one at the company has to have a hearing impairment in order to qualify, and the customer should always check with their CPA about form 8826 regarding these tax situations: 1. Eligible small business w/ prior year gross receipts < $1 million OR no more than 30 full time employees are allowed 50% credit for disabled access expenditures exceeding $250 up to $10,000 maximum. Disabled Access Credit is included as a General Business Credit, and as such is subject to the limitations on the amount that can be utilized in any given year. 2. Disable access expenditures include amounts paid or incurred a) Removing architectural, communication, physical or transportation barriers b) Provide qualified interpreters or other effective methods of making aurally delivered materials available to individuals with hearing impairments c) Provide qualified readers, taped texts, and other effective methods of making visually delivered materials available to individuals with visual impairments d) Acquire or modify equipment or devices for individuals with disabilities e) Provide other similar services, modifications, materials or equipment. The disabled access expenditures must be for the purpose of enabling such small business to comply with the applicable requirements of the Americans With Disabilities Act of 1990 (ADA). Since the Toshiba telephone system includes all components necessary to utilize the TDD function, the equipment is eligible for the Disable Access Credit under point 2(b) above. As always, customers should get the approval of their CPA or tax advisor.
Page 1 of 1. Telecommunication. Systems. Division. ADA Tax Credit. The following tax credit information can help customers purchase Toshiba IPedge and CIX Telephone. Systems and Stratagy® voicemail systems. These systems are both hearing aid compatible, and can also be. equipped to support TTY/TDD machines.
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