With this year's $108,000 Section 179 limit, medical purchases completed before Dec. 31, 2006 can count as eligible equipment acquisitions in this fiscal year.
In order to stimulate economic growth, the Internal Revenue Service Section 179 states: "You may elect to expense part or all of the cost of Section 179 property that you placed in service during the tax year and used predominately (more than 50 percent) in your trade or business."
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