IRS
Section 44 (2003 ADA Tax Credit)
The Americans with Disabilities Act (ADA) allows a small business
of fewer than 30 employees or a business with less than $1
million in gross receipts to be eligible for a maximum credit
of $5,000 to acquire or modify equipment or devices for individuals
with a disability. Compared to traditional testing in a sound
booth, the Otogram™ allows accessibility for disabled
patients
1) in a wheelchair
2) with claustrophobia
3) with a hearing loss (by reading testing instructions and
patient survey on the screen)
4) with limited use of hands or arms (by using an oral stylus).
Consult your tax advisor for details
IRS Section 179 (2004 Tax Deductions
for Capital Equipment)
Applies to most medical equipment and allows offices to deduct
up to $100,000 of equipment purchases, including capital leases,
from taxable income in the year placed in service.
“The
reimbursement makes it one of the best practices opportunities
in years. The test results are also simple and easy to
read.” Evan L. Lipkis, M.D Advanced Center for Total Healthcare
Glenview, IL
“We
love the Otogram. It meets our needs to improve
our workflow and provide cost-effective testing on demand.”
Ted
Brown, M.D. Spring Hill,
FL
"It’s
amazing! 24/7 hearing testing capability in 6 languages without a sound
booth! It’s very simple to operate and my patients like it too."
M. Horwitz, M.D. Houston TX
“This is the best product
I have ever seen at any Academy meeting!”
2003
AAO attendee
“We
continue to love the Otogram™ and appreciate
the training and support that Tympany has given us.
I appreciate your fine work.”
ENT
physician
Georgia.
"Our practice is entirely dependent upon the Otogram™ on a daily basis for our core testing needs."
Heidi L. Close, M.D., F.A.C.S.
Des Moines, Iowa
"The
reimbursement makes the Otogram one of the best practice opportunities in years.
We are very pleased with the Otogram."
Lonnie Rutherford, Medical Insurance & Billing
Mt. Shasta, CA
"The
best thing about the test is that I don’t have to stay with the patient throughout
the test and am beeped when the patient needs help."
