Monthly Archives: January 2018

Trump Tax Plan Aids Your Bottom Line

Key Section 179 Benefits Doubled for 2018

Savvy medical practices will profit from the new tax rules in 2018. The Section 179 deduction limit has increased to $1,000,000 (from $500,000) and is good on new and used equipment. In addition, the spending cap on equipment purchases has increased to $2.5 million. This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar for dollar basis. This spending cap makes Section 179 a true “small business tax incentive.”

And finally, the bonus depreciation is now 100% and is made retroactive to 9/27/2017. The bonus depreciation also now includes used equipment.

That means that if you buy (or lease) qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.¬†This can make a real difference to your bottom line at the end of the year.

family exam tableEKG
diagnostic tools

 

 

 

Make your office more efficient by purchasing exam tables, EKG machines, spirometers, vital signs monitor and any other medical equipment that you may need.

Section 179 can provide you with significant tax relief for the 2018 tax year, but equipment and software must be financed and in place by midnight December 31, 2018. Get the equipment you need now and save on 2018 taxes.

If you need financing, our partner, Ascentium Capital, has the best rates. Click here for application.

For more information, please email sales@medicaldevicedepot.com or call 877-646-3300.

Concerned about the environmental impact of medical refrigerators and freezers?

refrigerant chart

American Biotech Supply, an industry leader in medical equipment, offers a variety of refrigerators and freezers built with Hydrocarbon Refrigerants, R290 or R600a.

R290 and R600a HC (Hydrocarbon) refrigerants are safe, and an environmentally friendly alternative to HFC (Hydrofluorocarbon) refrigerants R134a in refrigerator applications and R404a in freezer applications.

Hydrocarbon refrigerant’s heat retention is approximately 90% greater R134a and 140% greater than R404a with lower viscosity. This means that HCs (Hydrocarbons) can absorb more heat faster, resulting in quicker temperature recovery and lower energy consumption.

By the year 2020, the U.S. Government will ban refrigerants R134a and R404a.

Find the best price on a medical grade refrigerator or freezer in the size and feature set for your application at Medical Device Depot and get free, unlimited telephone technical support.