New tax relief legislation allows one property write-off

September 1, 2003
Mark E. Battersby

Mark E. Battersby is a financial and tax consultant based in Ardmore, PA. For specific questions about taxes and finances, consult a tax adviser. The publisher is not engaged in rendering legal advice.

The out-of-pocket expenditures needed to buy the equipment used in every practice have always been reduced or helped by our tax laws. Today, thanks to the new Jobs and Growth Tax Relief Reconciliation Act of 2003, the needed equipment may be more affordable than ever.