Don’t Be An Over-Taxed Dental Practitioner! - PowerPoint PPT Presentation

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Don’t Be An Over-Taxed Dental Practitioner!

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Did you know that dental practitioners are among the most overtaxed people in America, with research showing that around 95% are overpaying their taxes by 10 to 50%? They also rank highly among those who voluntarily pay more tax than they are required by law to pay, and this is usually because their tax professional is simply not doing their job properly. – PowerPoint PPT presentation

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Title: Don’t Be An Over-Taxed Dental Practitioner!


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Dont Be An Over-Taxed Dental Practitioner!
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  • Did you know that dental practitioners are among
    the most overtaxed people in America, with
    research showing that around 95 are overpaying
    their taxes by 10 to 50? They also rank highly
    among those who voluntarily pay more tax than
    they are required by law to pay, and this is
    usually because their tax professional is simply
    not doing their job properly.
  • The tax system seems hell-bent on forcing
    dentists to pay more tax than they are legally
    required, squeezing them dry financially, and
    along with decreasing insurance reimbursements
    and scandalous PPO antics, dentists continue to
    pay more in taxes than many other professionals.

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  • Of course, most dental practitioners use the
    services of accountants and CPAs who doubtless
    claim to b their most trusted advisors, but in
    many cases, they are simply letting them down.
    That isnt to say that there arent any
    accredited, honest and loyal accountants and
    CPAs working on behalf of dentists out there
    because there certainly are, but it should be
    your responsibility to ensure that they are
    working for you in the best way possible.

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  • If youre a dentist, perhaps youre acutely aware
    that you pay more in taxes than you need to, but
    might not know who to turn to for advice and
    guidance? Many CPAs and accountants who claim to
    specialize in the dental industry, tell their
    clients that there is nothing they can do to help
    them, or advise them to purchase life insurance
    policies which are costly and only provide
    dentists with minimal tax benefits.
  • However, its not all doom and gloom, and with
    proper planning and the use of tax reduction
    strategies, the dire straits many dental
    practitioners find themselves in, need not be a
    permanent one. Finding an honest and hard-working
    tax professional to represent you and your
    business, is not impossible, but you need to be
    on your guard.

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  • What is the solution for over-taxed dentists?
  • Minimizing the tax burden that dental
    practitioners are forced to bear, is what becomes
    key. Proactive tax planning and careful, detailed
    strategizing using an efficient accounting
    system, continuous monitoring of practice income
    and expenses, along with the implementation of
    IRS- approved and court-tested strategies, can
    all help reduce the burden of taxes. An
    accountant or CPA with your tax interests at
    heart, will work hard to help you use advanced
    tax saving strategies and IRS approved
    court-tested techniques to minimize your tax
    burden, and with a little research, you will find
    these in your locality.

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  • Always conduct thorough research when trying to
    find an accountant or CPA to help you with your
    taxes, and while many dentists continue to
    overpay, that need not apply to you.
  • At Heyer Associates, we proactively assist our
    individual and small business clients in meeting
    their goals. Our key area of focus is ensuring
    that our clients remain compliant with federal
    and state tax laws by providing them with high
    quality accounting and tax preparation service
    Coral Gables. If you are looking for tax
    preparation service in Miami , Heyer Associates
    would be a right option.
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