We coach and help dental practice owners with the following tax strategies:
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Entity Tax Status Selection (Disregarded or PLLC / S-Corp / Partnership)
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Salary Optimization – (S-Corp OR Multiple Dental Practices)
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Help reduce FICA Taxes (15.3% of self-employment tax / payroll tax)
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Increase 199a deduction to reduce federal income tax.
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Strategies to maximize Travel Deductions
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Strategies to maximize Dining Deduction
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Home Office Deduction
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Principal Place of Business (Administrative Office)
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Strategies to maximize Auto Deduction
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Tax Free Rental Income
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Depreciation Options
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Sec 179
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Bonus
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MACRS
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Consider Retirement Plans
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Traditional/Roth IRA Contributions
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Retirement Plan Contributions for the Business
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Backdoor Roth IRA
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Health Savings Account
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Hiring Your Children
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Hiring Your Relatives