Because We Are! I know. We’ve been telling you for weeks now that the 2016 tax year is almost over—which means it’s time to take advantage of the Section 179 tax code. But we just don’t want you to miss out on this opportunity. Look, tons of ophthalmic offices don’t realize they could purchase new, advanced equipment for a full-price deduction until it’s too late. There is still time to update your practice with state-of-the-art equipment before the fiscal year ends. And if you aren’t sure how...

Those brisk November days are a sudden reminder that the 2016 year is soon coming to a close. If you own an ophthalmic practice, that also means you are running out of time to update your practice with new equipment for a full deduction in your 2016 taxes. The IRS Tax code, Section 179, allows businesses to deduct the full purchase price of qualifying equipment. We know, it seriously sounds too good to be true. But this tax incentive was put into place to help establishments—like your...

Can you believe it? The 2016 tax year is quickly coming to an end. That means it’s time to start thinking about how you can file your taxes to benefit your ophthalmic practice—and did you know there’s a way to get tax credit without any upfront cost? It might sound gimmicky, but it’s true! Let me explain: Section 179 Section 179 is a tax code put into place by the U.S. government to encourage business growth and improvement. The code allows businesses to deduct the total purchase price of...

The end of the 2016 year is not far away—are you aware of the enormous benefits of the tax code 179? If your ophthalmic practice purchased or financed equipment or software, you may be able to deduct the full purchased price from your gross income. Even better? If you were unaware of this section of the IRS tax code, there is still time to update your practice with the advanced, state-of-the-art equipment you’ve been waiting for before the fiscal year ends and receive the full deduction. What...