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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 2023.

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.

For dental practices, this means that the cost of equipment like CBCT scanners, digital X-ray machines, intraoral cameras, and even software can be fully or partially deducted from gross income. This means your practice 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.

Let's review how dental professionals can calculate their Section 179 deductions for dental imaging equipment.

If you've been in the dental field for several years, one dental imaging brand that may come to mind is Gendex. This X-ray and CBCT manufacturer once had a prominent footprint in the dental market, with displays featured at conferences, trade shows, CE courses, and more. While the Gendex brand no longer makes equipment, their manufacturing excellence still exists through DEXIS, previously KaVo Kerr. 

Carestream is one of today's trusted names in dental imaging technology. And for good reason, they manufacturer a wide range of advanced X-ray machines that cater to the diverse needs of dental professionals.

Planmeca is one of the leading names in dental imaging technology today. Like a few other popular imaging brands, Planmeca offers a range of advanced imaging systems to meet the diverse needs of dental professionals. Among their industry-recognized lineup, the Planmeca ProMax family of extraoral imaging devices stand out as versatile and reliable solutions for capturing high-quality dental images.

Congratulations on completing dental school! As you embark on your journey as a dental professional, one essential piece of equipment that you may need to consider is a cephalometric X-ray machine, commonly known as a ceph X-ray. This specialized imaging tool plays a crucial role in orthodontics, oral and maxillofacial surgery, and other areas of dentistry.

Cephalometric X-rays play a vital role in orthodontics, providing valuable insights into the facial and skeletal structures that impact dental alignment. With their ability to capture a comprehensive view of the head and profile, cephalometric X-rays contribute to accurate diagnosis and effective treatment planning. In this article, we will explore the benefits and applications of cephalometric X-rays in orthodontic practice.

With more and more dental and specialty practices making an investment in dental cone beam (CBCT) systems, you may be considering upgrading your practice’s imaging equipment. Three-dimensional imaging improves treatment planning capability while allowing your practice to expand your in-house service offerings to attract more patients. However, CBCT systems are sizable investments that require proper planning and consideration. With so many reputable products in the CBCT market today, how do you choose the right machine? If you focus on a few key features that are important to your practice, it will help you feel confident in your investment.

Are you planning on expanding your dental or specialty practice? Opening a new office or satellite? Searching for ways to attract and retain patients? Don’t miss this all-in-one guide to help you leverage your investment in advanced dental imaging technologies.

A dental X-ray machine is an essential tool for many dentists and specialists. These machines provide vital imaging capabilities, producing either 2D or 3D scans for a wide variety of clinical applications. Because capturing X-ray scans is a vital part of dentistry, regardless of specialty, many doctors looking for new dental imaging equipment are likely upgrading their existing system or investing for a new practice. .

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.