The Dentist's Guide to Taxes : A Year-Round Tax Playbook for Deductions, Payroll, Equipment, and Retirement Contributions
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Overview
A full appointment book can still leave a dental practice facing a tax surprise.
The Dentist's Guide to Taxes brings year-round U.S. federal tax considerations into the everyday decisions of practice owners and self-employed dentists. It also speaks to associates preparing to buy a practice and office managers who handle tax records. The focus is on the information behind deductions, payroll, equipment purchases, and retirement contributions.
Morgan Price starts with a basic distinction: production, collections, cash in the bank, and taxable income tell different stories. Through dental-practice scenarios and recordkeeping workflows, the book connects daily close reports, vendor invoices, payroll files, and equipment registers to tax questions. Conditional examples address deduction timing, cash planning, retirement-plan costs, and acquisition terms, with clear points for involving tax and legal advisers.
- Trace collections to a supportable receipts figure and identify discrepancies that need an accountant's review.
- Keep evidence for lab fees, supplies, mixed-use costs, and equipment so deductions can be assessed on their actual facts.
- Examine associate classification, payroll-tax deposits, and S-corporation owner pay using records that reflect how the practice operates.
- Use a rolling cash forecast to consider tax payments and retirement contributions alongside payroll and other obligations.
- Check state ownership restrictions and purchase-price allocation issues before signing a practice acquisition agreement.
Use this guide to bring clearer records and sharper questions to your next conversation with an adviser.
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Details
- ISBN-13: 9781761591433
- ISBN-10: 1761591436
- Publisher: Book Bound Studios
- Publish Date: October 2026
- Dimensions: 8.5 x 5.5 x 0.5 inches
- Shipping Weight: 0.86 pounds
- Page Count: 208
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