New Pool Regs - and a Tax Credit Offset

There are new Americans with Disabilities Act regulations regarding many swimming pools.

To assist businesses with complying with the ADA, Section 44 of the IRS Code allows a tax credit for small businesses and Section 190 of the IRS Code allows a tax deduction for all businesses.
The tax credit is available to businesses that have total revenues of $1,000,000 or less in the previous tax year or 30 or fewer full-time employees. This credit can cover 50% of the eligible access expenditures in
a year up to $10,250 (maximum credit of $5000). The tax credit can be used to offset the cost of undertaking barrier removal and alterations to improve accessibility; providing accessible formats such as Braille, large print and audio tape; making available a sign language interpreter or a reader for customers or employees, and for purchasing certain adaptive equipment.

The tax deduction is available to all businesses with a maximum deduction of $15,000 per year. The tax deduction can be claimed for expenses incurred in barrier removal and alterations.

I Go Swimming

Heat wave on the East Coast this week. Even as you listen to I Go Swimming by Peter Gabriel, you might want to consider this graphic:

Click the image to enlarge

Source: Swimming Pool Costs at Fixr