Tax savings for your practice. New tax law accelerates depreciation write-off.
The Jobs and Growth Tax Relief Reconciliation Act of 2003 provides benefits for your medical group practice by quadrupling the expensing deduction and increasing additional first-year bonus depreciation. These increases are not permanent--some expire as soon as the end of 2004. So now is the time to start planning to maximize the tax-saving benefits for your practice.
Dennis-Escoffier
Shirley
S
University of Miami, Fla., USA. sdennis@miami.edu
Quintana
Olga
O
D003862:Depreciation / Q000331:legislation & jurisprudence*; D011216:Practice Management, Medical / Q000191:economics*; D013660:Taxes / Q000331:legislation & jurisprudence*; D014481:United States