Monthly Archives: November 2011

Section 179 Tax Savings Explained

If you are a small to medium sized business owner with your own medical practice, there has never been a better time to invest in imaging equipment and software. Thanks to Section 179, qualifying companies can deduct up to $500,000 for tangible goods purchased before the end of year. This includes new and used machinery, like X-ray machines or film processors, and software such as a PACS System. The main limitation is that the equipment or software must be purchased and put in use by December 31, 2011.

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