Code Section 179 election and Bonus Depreciation could help when investing in your dental practice and are methods of accelerating depreciation. Your tax or legal advisor can advise you on what is right for your practice. Read our high-level summary.
This post was updated for tax year 2023.
Some companies have been able to not only accelerate growth but also increase profitability while facing economic headwinds. As dental offices begin to reopen and rebound from the COVID-19 crisis, practice owners should focus on three key dimensions to navigate the economic downturn and come out the other side stronger.
