Best Selection & Best Prices on SciFit Fitness

ADA INFORMATION

� Refer to Code Section 44 of the Federal Tax Guide for more detailed information.

� Use Tax Form 8826 to Claim your ADA Tax Credit

How much credit is available?

The amount of the credit is 50% of the amount of eligible access expenditures for a year that exceed $250 but do not exceed $10,250. No other deductions or credits are permitted for any amount for which a disabled access tax credit is allowed. The maximum tax credit allowable $5,000.

Who is eligible?

An eligible small business is defined as any person who elects to claim the disabled access tax credit and either:

1) Had gross receipts for the preceding tax year that did not exceed one million dollars.

OR

2) Had no more than 30 full time employees during the preceding tax year.

What are the eligible expenditures?

1) Costs relating to the removal of architectural, communication, physical or transportation barriers that prevent a business from being accessible to, or usable by, disabled individuals. NOTE: Costs incurred during new construction do not qualify. Also, the taxpayer faces the burden of proving to the IRS that barrier removal complies with the standards of the Architectural and Transportation Barriers Compliance Board.

2) To provide qualified interpreters or other effective methods of making aurally delivered materials available to hearing impaired individuals.

3) To provide qualified readers, taped texts, and other effective methods of making visually delivered materials available to visually impaired individuals.

4) To acquire or modify equipment or devices for disabled individuals.� This is the most applicable to the fitness industry

5) To provide other similar services, modifications, materials, or equipment.

Does SCIFIT have eligible equipment?

How do I get more information?

Tax Credit

(IRS Section 44) Under the American's with Disabilities Act, several SCIFIT products qualify for a tax credit. Accessories for these products which make the unit more suitable for wheelchair use also qualify for the tax credit. To qualify for this tax credit you must have less than 30 full time employees or have gross receipts of less than 1 million dollars for the proceeding year. If you fall under these guidelines, you may claim up to $10,250 per year in the cost of eligible equipment and receive a tax credit for 50% of the amount; not to exceed $5000.

The purchases must exceed $250.

Example: 2 SCIFIT PRO 1000's ($4,090) $8,180 Installation Costs 500 $8,680 Your tax credit is $4,340

Example: 3 SCIFIT PRO 2's ($4,510) $13,530 3 wheelchair platforms options (105) 315 Installation Costs 750 $14,595 Note: The purchase is over $10,250 Your tax credit is the maximum available amount of $5000 The actual landed cost of each unit is less than $3,200. That is equivalent to a 34% discount on the sale!

SCIFIT products which qualify for the ADA Tax Credit:

SCIFIT PRO 2 Total Body Exerciser

SCIFIT PRO 1000 Upper Body Exerciser

SCIFIT PRO 1 Adjustable Upper Body Exerciser

SCIFIT RST7000 Total Body Recumbent Stepper

Item 1180 or 1181- Wheelchair Platforms with Tie Downs

Item A4098 � Wheelchair Ramp

Item A2242- High Support Boots with Bars

Item A3248- Low Support Boots with Bars

Item P3981 - Assist Gloves

Remember: the total purchase must exceed $250. Due to their low cost, single items may