Category Archives: Tax Deduction

The Best Time for New X-ray Equipment

While it is true that there is never a bad time to purchase new imaging equipment, your business can benefit if that purchase is made before the end of the tax year. Although the Section 179 deduction limit for equipment purchases made in 2014 is down from $500,000 to $25,000, business owners should take advantage of this still-significant tax break before December 31.

Checking an X-ray

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Provide Better Value. Get Bigger Savings.

It’s the perpetual conundrum. Save money? Or spend more and get more reliable radiography equipment? Choosing between budget and peace of mind is never an easy decision, and there’s not always a clear solution. However, this time of year your practice can actually pull off both! Before the new year begins, dedicate yourself to serving your patients and protecting your bottom line. (Yes, you can do it without skimping on diagnosis and treatment!)

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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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