Webinar: 9DDS - Tax-Savings Strategies

Location: Webinar

Address: 887 US Route 6, Mahopac, NY, US

Contact: Diane Darby

Email: diane@ninthdistrict.org

Phone: 914-747-1199

Webinar:  "Tax Savings Strategies"

Instructor:  Mr. Jay Malik - Practicing accountant, tax strategist and creator of the: Rich Dentist System.

Taxes are the single most significant expense for most dentists, but they can also be a substantial source of savings and financial improvement.  However, it is estimated that over 95% of dentists overpay on their taxes due to a lack of understanding of the complex tax system.  This presentation aims to provide dentists with strategies to save money on taxes and improve their financial lives.

The audience will learn how to avoid overpaying their taxes, potentially saving thousands of dollars each year.  They will also discover ways to reduce the costs of working with an accountant and learn about entities and expense planning that can help them legally keep more of their money.  Additionally, they will explore tax-advantaged wealth management strategies to help them retire earlier and achieve a higher, lifetime income.

The course is specifically designed for dentists who own their practices and want to take control of their finances, legally reduce their tax burden, and increase their net worth.  It is based on decades of experience performing accounting and tax functions for dental practices and includes specific tax-saving strategies used by many dental practices across the country.  The course also covers key elements of financial statements and strategies for defending against an IRS audit. 

Sample documents and plain-language explanations are included to help doctors implement tax-saving strategies and increase operational efficiency.  These strategies are legal and outlined in the tax code but are often not used by those with less expertise and experience in the dental profession.