IRS Tax Code Section 179

Tuesday, August 4th, 2009

The Sky is Falling!

By Brian Benefield

Okay, the sky isn’t actually falling, but the tax deduction on office equipment soon will.

According to Section 179 of the IRS Tax Code, the cap on qualifying equipment is currently $250,000, but that will change drastically over the next couple of years. In 2010, the amount that you can expense will drop to $133,000. The following year, the deduction drops to its old limit of $25,000. The writing is on the wall: if you plan to make a significant upgrade to your practice, now may be the time. The $250,000 cap applies to office equipment, but it must be installed by December 31, 2009.

As we approach year-end, we anticipate that a significant number of practices will move to take advantage of the current cap. We recommend that you contact your accountant for more details, and to determine if an upgrade makes sense for you. If the answer is yes, you stand to benefit from our years of experience, whether you’re considering an upgrade to our MacPro server, or a move into your operatories for digital x-rays. Call today and let us help you maximize your tax dollars!

XDR Radiology, Tax Credit

Monday, July 13th, 2009

XDR Digital Radiography Update
And Tax Credit Reduction

By Duane de Long

It has been a couple of years since Datacon introduced XDR via this newsletter and I am pleased to say that a number of our clients have made the move in their practices.
Dr. Robert Merin, a periodontist in Woodland Hills, CA introduced it to us 3 years ago and we are happy he did. They have proven to be a high quality client service organization with a superior product compared to what is currently available in the dental marketplace. Just recently, they have included both size 1 and 2 sensors with an extra durable, thinner cable that can be replaced if damaged without having to replace the whole sensor. In addition, no interface box is required as with most systems.
Dr. Merin states that “…Patients love to watch the implant process on the screen and the training was fantastic, it is done by a practicing staff dentist.”
Dr. John Unguren, of Rohnert Park, CA has been using XDR with Datacon’s Mac Pro server for almost 2 years and he can’t imagine “…going back to film, it has been a great improvement to my practice.”
Give Brian Benefield at Datacon a call if you want more information or go to www.XDRradiology.com. Since Section 179 of the Tax Code (Investment tax credit) is being significantly reduced on 1/1/2010, this may be an ideal time to invest in your practice.
This may also be an opportune time to upgrade your current server to a Mac Pro server. Mac Pro servers are extremely fast, can store Datacon and your digital images on a single CPU. In addition, backups are done much faster and servicing is less expensive!