As many dentists know, the upcoming year end is always the time to consider minimizing your taxes. Here are a few tips from the CPAs at the Dental CPAs. Maximize your contributions to retirement plans. Contribute more to your 401k by the end of the year to reduce your taxable income and your tax bills. Consider using a […]
Tag: year end tax planning
Should a Dentist Take Section 179 – First Year Expensing Election in 2012?
I hate to sound like an equipment sales rep, for that I apologize, however, this question keeps coming up about a couple of tax breaks that are set to expire at the end of 2012. Through the end of 2012, a business can elect to expense this year up to $139,000 of most furniture and equipment that is purchased […]
End of the Year Tips to Minimize Your 2012 Taxes
As many dentists know, the upcoming year end is always the time to consider minimizing your taxes. Here are a few tips from the CPAs at the Dental CPAs. Maximize your contributions to retirement plans. Contribute more to your 401k by the end of the year to reduce your taxable income and your tax bill. […]
Ten Tips for Year-End Dental Tax Planning
Here I am at home today hoping I didn’t pick up the swine flu bug that we think my 12 yr old is just getting over. So what can I do? Write a blog of course! I thought I’d do a follow-up from my August blog about planning, now that we’re preparing for our round […]