Traction
Floor Safety Solutions, Inc.
6925 N. Broadway
Denver, CO 80221
1.877.487.6610
303.487.6610
Contact Us
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Certificate of Compliance & IRS Benefit Information
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Your
Traction Floor Safety Network of Certified Applicators certify that the
Treated Areas and Affected Surfaces have achieved non-slip qualities as
established by the "Static Coefficient of Friction" standards set by
the Department of Justice's American's with Disabilities Act utilizing
the recognized standard for non-slip floors and surfaces by providing
the client with a written Certificate of Compliance.
The
Treated Areas have been altered to enhance non-slip properties to the
standard for wet (dynamic) conditions as verified by a Slip Alert slip
meter testing, report and inspection. After inspection and testing of
the treated surfaces the surfaces will be certified to be in compliance
with ADA, OSHA, ANSI, National Safety Council, National Floor Safety
Institute (NFSI) and UL Labs standards which mandate a Coefficient of
Friction of 0.50 or higher (0.60 for California).
Our
Certified Applicators keep your Certification up to date via regular
Safety Inspections and Slip Meter testing. In the event of a slip and
fall accident, this Certificate is confirmation that the Client has
taken practical steps to maintain the safety of their floor surfaces to
the level of compliance with generally accepted measures of Federal
Regulations and active mitigation measures that have been employed by a
certified third party.
Your Business Can Qualify for an IRC Section 44 Tax
Credit and/or a Section 190 Deduction for investments made to create or
maintain a "nonslip surface" as defined in Qualified Architectural and
Transportation Barrier Removal Expense provisions.
The Barrier Removal Tax Deduction and the Disabled Access Credit can be
used in combination if the expenditures qualify under Internal Revenue
Code (IRC) Sections 44 (Form 8826) for businesses or facilities with 30
or fewer Full-time Employees or total revenues of $1 million or less,
(See text below for specific language).
Section 44 provides for a 50% tax credit for all expenditures
furthering compliance with the ADA which includes Safe Solution™
Treatment Application. In such a case, the deduction is equal to the
difference between the total expenditures and the amount of the credit
claimed. Both the tax credit and the deduction can be used annually.
However, you may not carry over expenses from one year to the next and
claim a credit or deduction for a previous year's expense.
The
most you can deduct as a cost of removing barriers to the disabled and
the elderly for any tax year is $15,000. However, you can add any costs
over this limit to the basis of the property and depreciate these
excess costs.
The Barrier Removal Tax Deduction, established under Section 190
of the Internal Revenue Code, allows a business of any size to expense
up to a maximum of $15,000 per year of items that normally must be
capitalized (depreciated).
The cost of an improvement to a business asset is normally a capital
expense. However, you can choose to deduct the costs of making a
facility or public transportation vehicle more accessible to and usable
by those who are disabled or elderly. You must own or lease the
facility or vehicle for use in connection with your trade or business.
A "facility" is all or any part of buildings, structures, equipment,
roads, walks, parking lots, or similar real or personal property.
Additional Information
Additional information relating to qualified architectural and
transportation barrier removal can be found in Internal Revenue Code
Regulation 1.190-2, available online in PDF format.
Internal Revenue Service, Treasury 26 CFR Ch. § 1.190-2 (4-1-03 Edition)
Paragraph 4(b) Qualified architectural and transportation barrier removal expense-
(1) In general. The term qualified architectural and transportation
barrier removal expense means an architectural or transportation
barrier removal expense (as defined in paragraph (a) of this section)
with respect to which the taxpayer establishes, to the satisfaction of
the Commissioner or his delegate, that the resulting removal of any
such barrier conforms a facility or public transportation vehicle to
all the requirements set forth in one or more of paragraphs (b) (2)
through (22) of this section or in one or more of the subdivisions of
paragraph (b) (20) or (21). Such term includes only expenses
specifically attributable to the removal of an existing architectural
or transportation barrier.
Paragraph 4 (b) (3) Walks.
(i) A public walk shall be at least 48 inches wide and shall have a
gradient not greater than 5 percent. A walk of maximum or near maximum
grade and of considerable length shall have level areas at regular
intervals. A walk or driveway shall have a nonslip surface.
Paragraph 4 (b) (5) Ramps.
(i) A ramp shall not have a slope greater than 1 inch rise in 12 inches.
(ii)
A ramp shall have at least one handrail that is 32 inches in height,
measured from the surface of the ramp, that is smooth, and that extends
1 foot beyond the top and bottom of the ramp. However, the preceding
sentence does not require a handrail extension which is itself a
hazard.
(iii) A ramp shall have a nonslip surface.
Paragraph 4 (b) (9) Floors.
(i) Floors shall have a nonslip surface.
FOR MORE INFORMATION VISIT THESE SPECIFIC WEB SITES:
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