Now is the time to take advantage of Section 179—make your capital equipment purchase of a MiniCAT IQ in the 2017 tax year.
As the Senate moves quickly toward a final vote that could take place as early as today, the Republican tax plan that will reduce corporate taxes from 35% to 20% may be a reality for 2018.
This means it is more financially beneficial to show a higher tax liability this year as opposed to next year, when taking into account the Section 179 tax incentive. Talk to your CPA to see how a capital equipment purchase of MiniCAT IQ for 2017 could work in your practice.
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