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 2022.
For the past few weeks you’ve been hearing from us about the virtues of Section 179, a portion of the tax code that allows you to write off an equipment...
To help small business owners grow, the government passed tax laws to promote that growth by accelerating tax reductions through deduction and depreciation opportunities. New equipment purchases can be either...
