When you finish the exit planning process from your dental practice and the dust has settled from the sale, your retirement officially begins. Congratulations! Or is it? Full retirement isn’t for every dentist. You’re leaving a profession notorious for employing high-achievers and individuals who thrive on problem-solving and interacting with patients daily. Some dentists find…Read More→
Tag: volunteer dental work
Is Charitable Dental Care Deductible?
Several dentists have asked us about what deductions may be eligible for the volunteer dental work they do for the community. We looked at a few scenarios and have come up with some guidance. A charitable deduction is not allowed for contributing services (time) for dentist (or anyone else) but they can deduct unreimbursed out-of…Read More→