Archive for 'Money Matters'

How to get Your Best Deduction with Section 179

What are Section 179 Deductions? The IRS enacted Section 179 deductions to promote small businesses growth.  When you make capital expenditures, like equipment or software, you can deduct the cost of the asset over time.  That is basic depreciation. The advantage of Section 179 is the ability to take 100% Deductions for qualified assets purchased and […]

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The Benefits of Buying Refurbished Dental Equipment

In our modern day economy, owning a business or practice can be very costly. Being able to take advantage of savings as well as cut costs in the right areas is vital. In 2011, more and more dentists are now looking into buying quality used dental equipment. Purchasing refurbished or used dental equipment could mean […]

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Top Reasons to Buy at Dental Planet

At Dental Planet we deliver the highest quality dental equipment at the best prices. Specializing in refurbished dental equipment and affordably priced new equipment makes it possible for us to offer our customers significant savings. But we don’t stop there. We offer a wide variety of services within the Dental Industry.This week we have compiled […]

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Expensive Equipment or $1,700,000+ for Retirement?

by  Dr. Woody Oakes Purchasing equipment can be both confusing and expensive. There are numerous choices and companies to choose from. Then, there are gadgets, upgrades and options that can easily raise a new office price to upwards of $80,000 per operatory. As I wrote in Buyer Beware, “one poor decision can drastically change your future.” […]

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The Hiring Incentives to Restore Employment Act

The ‘Hiring Incentives to Restore Employment Act’ of 2010 has recently extended the enhanced Section 179 deductions of 2008 / 2009 into 2010. Congress has also extended the amount that small business may write-off for capital expenditures. This means that businesses can now write-off up to $250,000 of qualified dental equipment and dental management software […]

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Dr. Rhonda Savage on Dentists’ Financial Policies

How you handle your practice’s financial policies can have a direct effect on your success in your industry.  Dr. Rhonda Savage, contributor for DentalBlogs gives her insight into successfully managing your financial policies. In this article, Dr. Savage discusses these 3 Key Tips for maintaining a financially healthy dental practice: Determine the Health of Your […]

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