RENEW DIGITAL LEARNING HUB

Have you given any thought to trading in your imaging unit to treat patients with a more advanced imaging solution?

We just got back from another great year at the AAO Annual Meeting in New Orleans. As usual, we return with more insights on today’s orthodontic practices, including the latest tech you’ll be seeing, as well as what successes and challenges ortho practices are facing this year.

Like shopping for airfare, a car, or furniture, sometimes there's a certain time of year where you might expect to get a better price than others. Capital equipment for your practice, like a dental X-ray machine, is no exception!

In orthodontics, where precision and efficiency are critical, the right equipment can significantly impact the quality of care, patient satisfaction, and the overall success of the practice.

Is taking the leap to a dental start-up on your brain? While the leap may be daunting, the rewards and freedoms it could afford you could be much sweeter.

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.