My question is:
1. For equipment installations (Chairs, Compressors, Vacuum) , can 'Installation labor fee' be deducted immediately? (I hope they are since this equipment is removable.)
Generally, the costs incurred to get the equipment in service, including labor, sales taxes and fees are treated as part of the asset cost and therefore deductible along with the cost of that asset depending on how you choose deduct whether it’s using Sec 179 or normal depreciation.
This first appeared on Dentaltown.