Cryptosporidium outbreaks have become big news, both globally and for the recreational aquatics...
I’ve always believed that one day hot tubs will get full credit for the health benefits they...
As you head into the pool and spa season, APSP wants to make sure that you replace your customers' expired...
I’ve always believed that one day hot tubs will get full credit for the health benefits they provide and be seen as the medical devices they really are. The research is out there to back this up; it seems like more arrives every year. But more importantly, you can feel it — physically sense the healing effects of hot tub use. When people feel it, they get it.
The foundation of this official recognition exists today. Hot tub health benefits are recognized by the IRS and some state governments, and under the right conditions, a customer can receive significant tax breaks from the purchase of a hot tub.
It says right there in Publication 502 of the U.S. tax code that a customer can deduct “medical expenses that are the costs of diagnosis, cure, mitigation, treatment, or prevention of disease, and the costs for treatments affecting any part or function of the body. These include the costs of equipment, supplies, and diagnostic devices needed for these purposes.”
Which boils down to this: the IRS will let your customer deduct the cost of a hot tub if there’s a prescription (or some kind of medical statement) stating the hot tub was purchased to alleviate or treat a medical condition such as a long-term injury or arthritis.
How much money are we talking about here? In my case, 22 percent of the purchase price, since that’s my highest tax bracket. So for a $9000 spa, that’s about $2000.
In addition to that federal income tax deduction, some states don’t charge sales tax on hot tubs (again, with a prescription), including Texas and Florida.
Texas tax code 3.284, item (11) states that “sales…tax is not due on the sale of therapeutic appliances when sold to individuals under a prescription of a licensed practitioner of the healing arts.”
The state sales tax rate in Texas is 6.25 percent, so that’s another $562.50 off the bill for that $9,000 spa.
This is worth mentioning to customers who walk in looking to buy a spa for pain relief. Have they asked their doctor for a hot tub Rx? If they have one, or are willing to get one, they just dropped their price dramatically without dropping your price at all.
RELATED: The Wellness First Approach
These examples show that government and medical institutions have taken the first steps toward the day when hot tubs will be fully covered in health plans and deductible without restriction, which would improve the health and well being of the continent in general.
Wouldn’t do us any harm, either.
Cryptosporidium outbreaks have become big news, both globally and for the recreational aquatics industry in the United States.
A recent report from the CDC revealed that from 2000 through 2014 there were 493 reported outbreaks of Cryptosporidiosis in public aquatic facilities, resulting in at least 27,219 illnesses and eight deaths. The report has generated countless, often sensational stories in news sources online, in print and on television.
The disturbing numbers are...
Saturnia, Italy, a small city in Tuscany, is believed to be the oldest settlement on the Italian Peninsula with ruins and artifacts in the town dating all the way back to the 20th century B.C. Saturnia is also home to an amazing set of thermal baths and waterfalls that are believed to have been in use by local residents and travelers since ancient times.
Legend has it that the town was founded in honor of the god Saturn, who was banished to earth for his misdeeds. He took refuge on...
As you head into the pool and spa season, APSP wants to make sure that you replace your customers' expired drain covers or suction outlet fitting assemblies (SOFA's). It's been many years since the Federal mandates in the Virginia Graeme Baker have been in effect, including the requirement that 1. All suction outlet fitting assemblies (SOFAs) or drain covers manufactured or sold comply with the referenced ANSI/APSP-16 Standard; and
2. All commercial pool and spa...
Swim spas occupy an interesting niche in the pool and spa industry. The category serves as an alternative to both traditional swimming pools and hot tubs, a hybridization that opens up a new set of potential customers.
At the same time, successfully marketing and selling swim spas can be challenging in the way they require both a new level of product knowledge and an understanding of homeowners who are looking for the ability to swim and exercise in limited space.