Tag: section 179 deduction

New Dentist Has Questions about Section 179

I am planning to start my first Dental Office this year. Everyone tells me it’s especially best to start this year, 2011, because of additional advantages due to the changes in the 179 Tax law. I have tried reading up on it and honestly the verbiage is a little too confusing. Can you “please ” just…Read More→

Can I Take The Section 179 Personally?

I am buying about $200,000 worth of equipment. Can I take the benefit on my personal taxes and derive more of the benefit that I could otherwise through my corporation. Maybe, however, why not keep it simple, take the deduction at the corporate level and reduce your w-2, therefore getting the benefit on the personal…Read More→

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