Section 179

November 30, 2017
Section 179

As the end of the year approaches, Soma Technology, Inc. wants to remind medical equipment purchasers about Section 179. Under Section 179, qualifying businesses can write up to $500,000.00 off their tax benefits for buying capital medical equipment in the tax year 2017. Companies should take advantage of this law before the December 31, 2016 deadline. Soma created a tax deduction calculator to help you visualize how much you can save in real dollars: https://www.somatechnology.com/tax-deduction-calculator-2016.aspx.

Medical companies should think about their unused budgets, or any future projects, to now place their orders for medical equipment. Leasing equipment is Section 179 deductible, and Soma Technology has many rent and rent-to-own options available. Also, Soma provides a wide range of equipment to outfit operating rooms, surgery centers, clinics, hospitals, and doctor’s offices.  Our one-stop shop allows customers to save time and money by purchasing refurbished equipment at around half the cost as new. You can browse our selection of equipment at www.somatechnology.com.

Our wide range of equipment includes anesthesia machines, defibrillators, ultrasounds, C-Arms, patient monitors, Electro-Surgical Units, Heart Lung Machines, Ventilators and much more, which can be viewed on our website. Soma is set apart from other companies by offering incentives to purchase our equipment with the same service and warranty as new, and  somamedicalparts.com for purchasing parts and accessories. Don’t forget to use Section 179 to give your small, medium, or large business a well needed tax break.

To calculate your total savings, please check out our super cool calculator!

For more information on this law, please look at the Section 179 website.

Have you taken advantage of Section 179 in previous years?

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