As the year comes to a close, rehabilitation professionals have a golden opportunity to make smart, year-end investments while significantly reducing their tax burden. With the IRS Section 179 Deduction, you can write off the full purchase price of qualifying equipment—like HawkGrips tools—if purchased or financed by December 31, 2024. This deduction is a chance to upgrade your practice both clinically and financially, all while benefiting from immediate tax savings.
What Are HawkGrips Tools?
HawkGrips are state-of-the-art instruments designed for Instrument Assisted Soft Tissue Mobilization (IASTM). These ergonomically designed tools help therapists detect and treat soft tissue dysfunction more effectively, potentially improving patient outcomes and reducing strain on the practitioner’s hands.
Why This Matters for Your Rehab Practice
- Immediate Tax Savings: Deduct the full cost of HawkGrips tools from your 2024 taxes, keeping more money in your business.
- Upgrade Your Equipment: Use the deduction to upgrade your tools, improving your practice without breaking your budget.
- Enhance Patient Care: Equip your practice with top-tier HawkGrips tools to offer advanced soft tissue mobilization techniques and better patient outcomes.
How It Works
The IRS Section 179 Deduction is simple to use and offers immediate financial benefits. Here’s how:
- Purchase HawkGrips tools by December 31, 2024.
- Deduct the full purchase price from your 2024 taxable income.
- Lower your tax liability and keep more money in your practice.
Instead of depreciating the cost of equipment over several years, Section 179 allows you to deduct the full cost in the year of purchase. This applies to business-related income, so personal purchases don’t qualify. However, if you earn business income through your practice or freelance work, Section 179 can help reduce your taxable income.
Consult your tax professional for personalized advice.
Explore HawkGrips Tools Today
There’s no better time to invest in your practice and take advantage of this tax deduction. Check out HawkGrips IASTM tools and see how they can elevate your practice, improve patient care, and help you save on taxes. Act now—this opportunity ends on December 31, 2024!