Did you know that you could take advantage of Tax Section 179 Business Tax Deductions for Software and Hardware purchases up to 1,000,000.00? Doctors, Medical practices and clinics can use this tax deduction to purchase software, such as Dragon Medical Practice Edition 4 or Dragon Medical One.
Essentially, Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and software purchased during the tax year. That means that if you buy a piece of 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 deduction is good on new and used equipment, as well as off-the-shelf software. To take the deduction for tax year 2018, the equipment must be financed or purchased and put into service between January 1, 2018 and the end of the day on December 31, 2
That makes this a GREAT TIME TO BUY DRAGON MEDICAL! Right now for each license you purchase, you will receive a FREE Nuance PowerMic III. That is a $424 value per user.
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