From The Desk Of
Irina Davidoff, EA
Queens, New York
Dear Dental Practice Owner,
Would you agree with me if I said that business has become increasingly tough for independent dental practices like yours over the past few years?
I'm sure you've felt the pressure...
On top of competition from corporate dental chains, you have to deal with massive student loan debt that takes decades to pay off and ever-increasing confusion and complexities on how to bill third-party payers and how to appeal denied claims.
As someone who's spent the past 4 years working with hundreds of dental practices across the US, I understand the unique challenges you face while running your business.
And here's the thing...
No matter where you're at in your career, the biggest challenge you face to having financial success and generating lasting wealth from your business is actually TAXES.
That’s because as a self-employed dentist or dental practice owner, federal and state income taxes are the single biggest expense you have.
And the worst part is that over 90% of the dentists I talk to are overpaying Uncle Sam and their state and local governments.
The truth is, while things like increasing case acceptance, creating a budget, and saving for retirement are key to your financial health...
What's the point if you don't manage your tax liabilities, your single biggest expense?
When done right, tax planning and reduction is the 20% of work that creates 80% of the results.
The problem that I run into all the time is that most dentists don't have any idea that they can legally and ethically SLASH their income taxes by as much as 50%.
That's why I decided to write my latest book...