How to Leverage Small Business Tax Benefits of Section 179 in 2021!

(Please note: Here is an updated blog about the 2022 Tax Year Section 179 Deduction)

If you haven’t been leveraging the benefits of Section 179 for your physical therapy practice, you’ve been missing out on a crucial way to save BIG on the investments you made over the year at tax time! 

This crucial small business equipment tax credit is one of the best tax deductions for small to medium-sized private practices, and you can put it to work for your physical therapy clinic, too! 

Essentially, Section 179 allows your business to write off the entire purchase price of qualifying equipment for the current tax year!

The small business tax write-off implications of Section 179 start with your equipment budget. Were you hesitant to purchase the technology your practice needs this year? With Section 179, you can deduct the cost of new, used and leased equipment. 

It’s true: You can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage small businesses like yours to differentiate themselves from the competition.

Removing the Full Burden of Cost from Practice Owners

We know that equipment costs can be one of the greatest hurdles that new physical therapy practices face. However, with the tax perks of Section 179, they don’t have to be. If you’ve put equipment purchases on hold, now’s the time to make your move if you want to take advantage of this massive $1,050,000 deduction. For tax year 2021, any equipment must be financed (or purchased) and put into service between January 1, 2021, and December 31, 2021.

It’s worth pointing out that these are TRUE small business tax benefits: There is a spending cap on equipment purchases of $2,620,000. That’s an increase over the 2020 cap of $2,590,000 – which means more room for your practice to grow by utilizing the best in PT technology! There’s no reason not to take advantage of this massive physical therapy tax credit and save more of your hard-earned cash. 

Plus, you’ll be providing the best possible care to your patients!

Great News: Your NEUBIE or HRV Purchase Qualifies!

As a physical therapy practice, don’t you deserve to save money on equipment you need to stand out from the competition? We sure think so! With your purchase of the NEUBIE device, you could potentially save over $6,000! Want to see how much savings are in store for your practice? Use this free Section 179 calculator and fill in the cost of your equipment purchase to see the savings come tax time! 

What could be better than adding a massive differentiator to your practice with the NEUBIE device? Taking a hefty bite out of your taxes is a great start! However, to say thank you to the amazing physical therapy community that we serve, we are offering some INCREDIBLE end-of-year promotional pricing to kick off 2022.

You’ll get some of the best savings of the year on both the cutting-edge NEUBIE device and our HRV assessment system while maximizing your physical therapy tax credits. Don’t wait: These benefits expire on December 31, 2021! That includes the small business tax benefits you can leverage from Section 179.

(Please note that we are not tax experts, and we, of course, recommend consulting with your tax professional regarding Section 179 and any other tax credits for your business.)

Ready to bring a massive value-add to your practice AND your bottom-line? Reach out to us to get started and unlock our best pricing of the year!

End of Year Sale with NeuPTtech
Jason Waz
Jason Waz has always been a pioneer in the use of technology in Physical Therapy. It's what led him to found his company, NeuPT Technologies with his mission to bring the field of PT into the next generation through science, research and innovation. The NEUBIE device is the flagship product that was the inspiration for the company. As a “blue ocean” product, it has untapped potential in the PT marketplace. The positive effects the electrical stimulation device has had on every patient it has touched has paved a path for innovation awards in the near future and incredible patient outcomes in the meantime.  From a personal business growth standpoint, when Jason added this technology to his business, it increased revenue to record levels every single month with an improvement of over 56% compared to the prior 5 year average. Additionally, cash pay increased more than 200% over the same time period. This same growth has been proven to be achievable by any practice that adopts this technology. Interested in getting similar results? Let's chat!

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The content in this training course is the intellectual property of NeuPT Tech and its affiliates and may not be shared or distributed in any way without the expressed written consent of NeuPT Tech.

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Terms and Conditions

When you purchase a NEUBIE machine from NeuPTtech, you are given one year of access from the date of NEUBIE delivery for NeuPTtech’s exclusive virtual NEUBIE training programs:

NEUBIE: Introduction for the Physical Therapist
NEUBIE: Practical Application & Quick Start Protocols for the Physical Therapist

For every NEUBIE purchased from NeuPTtech, the buyer will be allowed 5 complimentary user accounts for both virtual NEUBIE training programs. This allows 5 staff members to receive 12 CEUs each, which represents a $5,000 value.

Additional user accounts can be purchased as needed in groups of 5 for $1,500 (a $3,500 savings).

Please note: For each additional NEUBIE purchased, 5 complimentary user accounts will be provided. For example, 3 NEUBIEs will receive 15 total user accounts.

All user accounts expire one year from the date of purchase.

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