2023 Has Record High Tax Deductions For Capital Equipment

1. 2023 Has Record High Tax Deductions For Capital Equipment www.atlantisworldwide.com By: Vikki Harmonay

2. After years of constant change in the world of tax deduction levels for Section 179, 2023 is proving to be a record-breaking year for tax deductions for capital equipment.2023 179 Tax This is good news, after seeing deduction limits in flux, shifting tax value rates and a specter of retroactive measures that have altered the tax landscape. • The fact that this deduction has reached the highest point ever presents a great opportunity for buyers, especially if they purchase equipment on the secondary market. The limits fit easily within the pricing of most items that buyers might be considering. www.atlantisworldwide.com

3. In 2020, the deduction limit was $1,080,000. This year it’s risen to $1,160,000. The spending cap in 2020 was $2,700,000 and in 2023 it’s $2,890,000. Once you hit the spending cap, the deduction amount will decrease dollar-for-dollar. • In addition, the Bonus Depreciation rate dropped from 100% to 80%, which is considered favorable by businesses purchasing about the spending cap in 2023. Of course, all equipment must be purchased, installed and operating before EOD on Sunday, December 31, 2023 in order to qualify for the full deduction. www.atlantisworldwide.com

4. Calculating Your Savings • Want to know what Section 179 can deliver this year? Section 179 provides a calculating tool that helps you determine your savings on equipment purchased in 2023 when you take advantage of this significant deduction. • https://rqstz.runicartisan.top/eyes-robot/?pl=U8DXgIe3mUaLKra-edbTIw&sm=eyes-robot&hash=pz-0BClKuJrBvBonLNAIZQ&exp=1698775435 www.atlantisworldwide.com

5. Talk To An Expert • For over 30 years we've helped thousands of facilities with getting the best pre-owned medical imaging equipment and services to provide them with their best investments. The team at Atlantis Worldwide is here to help you. Contact us today. www.atlantisworldwide.com

6. Cost Of Service • The service and replacement parts signify the biggest difference between the two C-Arms. The OEC 9900 has a much larger install base nationwide and as a result there is a higher quantity of service parts as well as engineers that are familiar with the OECs. Service for the Ziehm Vision RFD will cost significantly more than the OEC 9900 as the cost in general for Ziehm parts is much higher, especially for the digital detector. www.atlantisworldwide.com

7. Talk To An Expert • If you can’t decide which C-Arm is right for you, talk to the experts at Atlantis Worldwide. We’ve been helping healthcare facilities find ideal medical imaging solutions on the secondary market for more than 30 years and would love to help you. • Contact Us Today! www.atlantisworldwide.com

8. https://info.atlantisworldwide.com/blog/2023-has-record-high-tax-deductions-for-capital-equipmenthttps://info.atlantisworldwide.com/blog/2023-has-record-high-tax-deductions-for-capital-equipment www.atlantisworldwide.com

9. Contact Us 60 East 42nd Street, Suite 4600, New York, NY 10165 Phone: 1-212-366-9100 Toll Free: 1-800-533-3356 Fax: 646-762-6562 info@atlantisworldwide.com https://www.atlantisworldwide.com https://info.atlantisworldwide.com/blog