As we get closer to the end of the year, many dentists are purchasing operatory equipment to reduce your gross income in order to take advantage of tax benefits. There are a few tax laws to discuss with your tax advisor as they impact dentists, making equipment purchases ideal in the closing months of the calendar year.
Besides the standard reductions, there is a new 20% pass-through deduction that makes anyone with an income below $415 eligible. If your overall income is between $315k and $415 you are qualified for a portion of the 20% deduction, and if your salary is below $315k you are qualified for the full deduction. Talk to your CPA about deductions so you can benefit.
Dental operatory equipment purchases need to be installed and able to be used before the end of the year to be eligible. To help you meet these requirements, DentalEZ has configured 4 pre-built equipment packages. We will be able to ship these packages within 48 hours of receiving the purchase order through December 18th and while supplies lasts.
Please download the flyer from DentalEZ.com or call your local PSA rep for more information.