Practice Tips

Optometry practices often don't spend enough time on their own business because they're too busy with patient care. But patient care isn't the only concern. Managing your business effectively and efficiently is crucial to the success of your optometry practice.
The new year is the perfect time to celebrate what’s working in your eye care practice. It’s also a great time to look for areas that are ripe for growth. Have you been thinking about new systems and technology, like EHR software? Now is the time to take the steps toward making improvements for you and your staff.
Not sure what business expense qualifies as a tax deduction in 2018 for your eye care practice? The clock is ticking away to maximize Section 179 tax deductions for 2018. You’ll want to read this if you’re planning to purchase or lease ophthalmic diagnostic or office equipment, computers, office furniture, or practice management and EHR software before the end of the year. 
Don't forget about Section 179 if you are planning to purchase or lease optometry or ophthalmology EHR and practice management software, business equipment and machinery, or office furniture for your practice this year. Take advantage of the $510,000 tax deduction limit for "qualifying" equipment and computer software that was purchased and put into use between January 1 and December 31, 2017.