Section 179

Currently, the tax deduction for 2015 is $25,000.  This means if you buy or lease a piece of qualifying equipment, Section 179 allows you to deduct a portion of the purchase price from your adjusted gross income.

Section 179 for Ophthalmic Optometry Equipment

Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179), allows a taxpayer to elect to deduct the cost of certain types of property on their income taxes as an expense, rather than requiring the cost of the property to be capitalized and depreciated. This property is generally limited to tangible, depreciable, personal property which is acquired by purchase for use in the active conduct of a trade or business.

Section 179 is an easy-to-use tax incentive that helps your business keep more capital, while getting needed equipment and software that can lower your operating costs.

In addition, arrangements can be made so you have no payments until 2016, so you can use your equipment and generate revenue this year, without having to pay out of pocket until next year!


To download our PDF flyer about Section 179, <click here>