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Economic Stimulus Act Can Improve Medical Equipment Purchasing Power
Date:7/9/2008

DRE, Inc., a premier international surgical and medical equipment supplier, reminds its customers that as much as $250,000 in medical equipment can be immediately deducted on 2008 income tax filings.

Louisville, KY (PRWEB) July 9, 2008 -- The Economic Stimulus Act of 2008, in accordance with Tax Code Section 179, can strengthen buying power of new medical equipment bought in 2008. This could make 2008 an attractive year for medical facilities to purchase medical equipment, according to Tim Jarm, Chief Operating Officer of DRE, Inc.

"For the 2008 income tax filing, a medical facility can utilize Section 179 to deduct the full purchase price of as much as $250,000 in medical equipment from their taxable income," says Jarm. "This is almost twice the amount that could be deducted the previous year, and potentially makes 2008 an ideal year to invest in new equipment."

In addition to having an increased deductable limit, Section 179 can also allow medical facilities to take advantage of a one time 50% depreciation bonus on equipment purchases beyond the deductible limit. Many medical facilities that purchase new equipment from DRE may be able to take advantage of Section 179 expensing. Equipment sold by DRE that could be eligible for Section 179 deductions includes anesthesia machines such as the DRE Integra AV-S, operating room lights such as the DRE Maxx Luxx II, and

Source: PRWeb
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