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$5,000 Tax Credit That is Ignored by Doctors!

Claim your 50% tax credit when you upgrade your website to make it compliant with ADA (Americans with Disabilities Act).

Far too many doctors are missing out on what could be considered free cash. With an updated website that is compliant with the Americans with Disabilities Act you can claim a tax credit of up to $5000.

This credit is significant as it is up to 50% of the total cost or $5,000! A tax credit is basically cash back from your total tax burden. In other words, when you invest in your dental or medical website, you will deduct the cost as a business expense. Then, you can apply for this credit when you file your taxes (no separate paperwork needed). So, you could practically get paid to update your website. Isn’t this great news?

The form that you or your accountant needs to fill to claim the available tax credit is not even one page!

Screenshot of IRS form f8826 - tax credit for ADA compliance upgrades

Source: https://www.irs.gov/pub/irs-pdf/f8826.pdf

It is a Win, Win, Win decision. Here is why:

1- You will be doing the right thing

There are millions of people who have physical limitations, hearing or vision impairments that make it impossible to utilize a regular keyboard, or a mouse, or a monitor when viewing a website. Isn’t that nice to be among the few who actually care about that deserving group of people? Even if there was no tax incentive, you would have done it. It is just that sometimes we don’t think about it.

2- Get paid for it

The US Federal Government (via the IRS) is basically paying dentists and physicians to invest in marketing your practice when you do it the right way. The credit is $5000 or 50% of your cost. That is a lot of money. Often doctors and business people mistaken Tax Credit with tax deductions. This is a tax credit. That means you calculate your taxes, deduct the cost of the website just like any other business expense, and pay your taxes. Then, when you file your taxes, you add this one-page form to the filing while deducting the $5000 from your tax bill.  Boom, you just earned yourself $5000!

Obviously being a doctor, educated and smart, you know that your accountant is the person that can tell you how this is done and what applies to you. But, from the face of it, it seems to be a very straightforward rule. Below you see links to government and private sites that explain how this works.

4. Protect your practice against lawsuits

While no one can guarantee immunity from all lawsuits, not doing anything is certainly not a solution. What you want to do is to at least making it more difficult for lawyers to go after you. When you have a solution, they skip you and move on to an easier target (hopefully and most likely).

3. Your website gets an upgrade.

The third advantage is that you get that old website of yours updated and up-to-date which means tons of new patients and increase production for your practice.

Screenshot of an article that explains how you can claim a tax credit for 50% of your new website cost if you do it to become ADA compliant. The source of this article is ADA.org itself. https://www.ada.gov/archive/taxpack.pdf[/caption]

If this is not a no-brainer, what is?

To take advantage of this credit, consider a new website from Optimized360. Optimized360 is the only company that has developed an Accessibility Engine called ADApt included with all Optimized360 websites. The brains of this accessibility engine required more than two years to develop and they did not increase their fees by a single cent. Best of all, you don’t really have to do anything. Just make sure you keep your statement with the inclusion of ADApt on it and talk to your accountant to determine how she/he would need the paperwork to be set up. If you need additional documents or explanation, they can help.

And don’t forget, your state taxes may also offer additional incentives.

Learn more about ADA compliance

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