RENEW DIGITAL LEARNING HUB

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.

Since their founding in 2004, Anatomage, a medical and dental technology company, has risen to prominence with its cutting-edge software. Headquartered in the heart of Silicon Valley, Anatomage has provided turnkey solutions to the dental community, in particular with its Tx STUDIO software, the "brains" of an i-CAT CBCT.

Korean dental imaging manufacturer Vatech is one of the dental industry's hottest names in imaging technology, and for good reason! From launching the world’s first 3-in-1 digital X-ray system to a 41-layer digital panoramic radiograph, Vatech has built quite a reputation across the globe.

As you've undoubtedly heard, dental CBCT cone beam and 3D imaging are quickly becoming the new standard of care for dentists and dental specialists.

Here at Renew Digital, we hear a variety of questions related to purchasing a 3D cone beam dental system - particularly from those who are just getting started with 3D imaging for the first time. We’ve helped thousands of doctors, like you, find the right system, regardless of brand - based on the unique needs of your practice. And, because we carry a wide inventory of certified pre-owned dental CBCT systems, we’re able to accommodate the specific needs of any dental practice - particularly practice layout/space constraints, treatment offerings, and especially budget.

Vatech is one of the dental industry's hottest names in 2D & 3D imaging technology. Like a few other popular imaging brands, Vatech offers a range of advanced imaging systems to meet the diverse needs of dental professionals.

With decades of experience in dental imaging technology, Vatech is a proven leader in delivering innovative, high-quality dental X-ray machines at affordable prices. From launching the world’s first 3-in-1 digital X-ray system to a 41-layer digital panoramic radiograph, Vatech is one of the world’s premier dental imaging companies.

Planmeca is a Finnish dental equipment manufacturer that specializes in digital dental solutions. The company was founded in 1971 and has since grown to become one of the largest dental equipment manufacturers in the world, with a presence in over 120 countries.

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 dental CBCT (cone beam) system. As you may have heard in school, 3D imaging is quickly becoming the new standard of care for dentists and dental specialists.

This specialized imaging tool plays a crucial role in a number of disciplines, predominately: Implants, Endodontics, Orthodontics, Oral & Maxillofacial Surgery, TMJ, Sleep & Airway Analysis, Surgical Guides and much more.

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.