The tax year is grinding to a close and it may be your last chance to take advantage of deducting up to $510,000 in equipment purchases from your tax bill. If you’ve had your eye on a new piece of equipment for the office, now’s the time to jump on it!
Section 179 is a tax credit from the IRS code that allows you to deduct the full purchase price of qualifying equipment, so if you’ve been eyeing a new OCT or slit lamp, you still have a few days left.
Check out this handy calculator from Section179.org to help you determine what your tax credit could be. And, as always, consult your tax advisor, read the small print and note that objects in the mirror may be closer than they appear.
Call or email us before the end of the year to see how much you can save! 800.255.5929.