Year End Tax Savings and Special Offers
For small business owners, Q4 is often the busiest time of the year. In addition to running your business during the holiday season, you are also doing your year-end tax planning.
At Tekscan we always see a spike in sales of our medical and dental products to clinicians because of the tax advantages of year end purchases. It is the perfect time of year to finally buy that gait analysis system (walkways, in-shoe, portable) or Mat systems for balance and stability; or T-Scan™ you have wanted for your practice.
Section 179 Tax Benefits for Business Owners
If you haven't already started talking to your accountant about year end tax planning, you may not have been considering the valuable tax benefits the IRS offers under Section 179 for capital purchases. If you purchase a depreciable asset like a Tekscan gait analysis or mat foot function system or a T-Scan digital occulsal system, you can reduce your tax liability in the current year by taking it as an immediate deduction rather than depreciating it over time.
Under IRS Section 179, you can take an immediate deduction for equipment purchases, up to $1,080,000 for the 2022 tax year.
You cannot have purchased capital equipment totaling more than $2,700,000, so this tax benefit is not for large corporations with massive capital expenditures. But it is perfect for small businesses and clinicians.
But do not take our word for it. Talk to your accountant and make sure your business can benefit from this program and the reduced tax liability in 2022.
Tekscan’s Extra Q4 Sales Incentives
In addition to the tax benefits under Section 179, Tekscan is also offering 2022 year-end sales incentives for many of its clinical products.
- Free valuable software add-ons for both mat systems and in-shoe gait systems (up to a $1793 value)
- Discounted extra handpieces for T-Scan customers
- Financing options available
Contact us to talk to your sales rep before these offers expire in early December.