New bill calls for $25K tax credit for dentists buying PPE

The American Dental Association established its support of a bill that would give a tax credit to dentists purchasing personal protective equipment to protect patients and staff against COVID-19 transmission.

The Small Business Personal Protective Equipment Tax Credit Act calls for a tax credit of up to $25,000 for businesses purchasing personal protective equipment.

The ADA wrote a letter Sept. 10 to leaders of the House Ways and Means Subcommittee on Select Revenue Measures voicing its support of the bill.

"At a time when dental practices are trying to overcome the economic downturn caused by COVID-19, the failure of Congress to act on COVID tax legislation hinders dentists' ability to continue practicing in the midst of the pandemic," the organization wrote. "Relief for small business dentist owners through tax breaks and credits would help their practices stay open, retain their employees, and provide their patients with much-needed care."

The ADA also asked the subcommittee to support four more COVID-19 tax bills, including one that would ensure dentists will not have to pay taxes on aid provided through the Provider Relief Fund and one that would help dental practices retain and rehire their employees.

More articles on dental:
4 tips for dentists to handle employee COVID-19 testing
The best of dental: 10 top stories of all time
Delta Dental grants $272K+ to South Carolina oral health organizations

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.