Section 179 Tax Deduction



What is a Section 179 tax deduction and what does it have to do with EMR Software?

In 2003, a change was made to the tax-law that allows medical offices to write-off up to $100,000 of EMR expenses in the first year of ownership, even when purchased under a lease or financing agreement. Before 2003 if property for business had a useful life of more than one year, the cost had to be spread across several tax years as depreciation with a portion of the cost deducted each year.

Under the new law there is a way to immediately receive these income tax benefits in one tax year. The provisions of Internal Revenue Code Section 179 allow a sole proprietor, partnership or corporation to fully expense tangible property in the year it is purchased.


Internal Revenue Service publication 946: How to depreciate your property

For more information on the section 179 tax law and our financing options please call a sales representative at 619-819-8610 or send an email