Before Jan 1st: Buy That Equipment You’ve Been Eyeing

You want to invest in that new, high-tech blood analyzer.

It would save you from relying on an outside lab for blood analysis.

Which would speed up diagnosis. 

And would overall improve the level of care you can provide and increase how many patients you can treat in a day.

Seems like a dream.

It doesn’t have to be.

Many veterinarians I work with don’t realize that tax opportunities are available to help them invest in their practice.

You can purchase equipment and other investments in your business as a capital expense, which can be claimed on your taxes.

You don’t have to push major investments further and further away. 

Talk to your accountant.

If you need guidance, I’m here to help you fine-tune the right questions to ask. 

Discuss if it’s a smart idea to buy that equipment and write it off as a capital expense. 

If the purchase isn’t in the budget for 2023, plan for it to be in 2024. 

Improving your level of care doesn’t have to be a dream.

My veterinarian resource library has guidance on talking to your accountant about these strategic investments.