IRS Increases the
Maximum First Year Deduction Under Code Section 179
Earlier this year the IRS increased the maximum first-year deduction
under Code Section 179 for equipment purchased during the 2007 tax year.
The maximum allowable deductible for equipment purchases, including
software, was increased to $125,000, for small businesses.
Practice management software
and patient education software are covered by Section 179. Your
practice stands to benefit from these investments in technology as they
can increase efficiencies and productivity while providing a general
decrease in your operating costs. Finally, investments in technology
enhance your professional image and the value of your practice.
As your singles source for all your dental practice needs, Ezerla can
provide your practice with a wide range of practice management and
patient education software solutions along with the technical support
necessary for you to take advantage of this increase in tax savings.
Expedite your tax savings by calling 516-466-2536.
We look forward to hearing from you and wish you the very best.
Please note that Ezerla, LLC is not a registered tax
advisor. Consult your tax advisor for an explanation of this & other tax
laws.
