Renew Digital Staff Spotlight: Lauren Fox
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Team Renew is a group of imaging experts that love talking about dental technologies. Have a question? Team Renew can answer it!
It’s hard to believe, but it’s that time of year again to start thinking about how to reduce your practice’s tax liability for 2022. Section 179 of the IRS tax code, designed to encourage small businesses, such as dentists and dental specialists, to invest in their practices, allows them to deduct the full purchase price of qualifying equipment and/or software that has been purchased or financed during the tax year from their total gross income. This means that they can write off the full purchase amount this year and are no longer required to depreciate the equipment over time as they have in previous tax years.
Renew Digital expands their digital product offerings with the iTero Element®Flex Foundation Certified Pre-Owned Intraoral Scanner
Dental X-ray machines are FDA-regulated medical devices. As such, most states throughout the United States require that dental and dental specialty practices register their facilities and dental X-ray equipment through their state Department of Health or X-ray Programs. X-ray registration helps states maintain and protect the health and safety of the practice staff and patients through initial approvals (if required) and routine periodic inspections of the X-ray equipment. If practices fail to register their facilities and/or their X-ray machines, then states cannot properly ensure the safety of its constituents. Failure to register X-ray facilities and devices with the state in a timely manner can result in serious violations and civil penalties for the doctor and the practice.
Most dental practices rely on their panorex X-ray machine in order to provide a high level of patient care, help diagnose dental conditions and prepare for future treatment planning. While many panoramic X-ray machines provide similar functionality, none of them are exactly alike in their specific requirements.
As a dental practice, downtime caused by technical issues from your imaging system can be more than just a headache. Cost from canceled appointments and delays in making diagnoses and finalizing treatment plans are the top reasons why dental professionals want to protect their imaging system investment with routine maintenance. With so much at stake, you may be wondering, what do I need to be doing to maintain my equipment?