12 Tax Strategies for Dental Practice Owners: Wealth-Building Beyond Compliance
Key Takeaways Most dental practice owners overpay taxes by $20,000-$100,000 every year simply by relying on reactive, year-end filing instead of proactive planning. Structural decisions - like S-Corp election, practice-to-LLC rental arrangements, and the right retirement plan - are among the most powerful tax levers available to dentists. Recent legislation, including the permanent 100% Bonus Depreciation and QBI Deduction, creates major new opportunities that most dental practices aren't fully using yet. Vik Randhawa, CPA works with business owners to turn these strategies into real, measurable savings through year-round planning and proactive guidance. Keep reading to see exactly which strategies deliver the biggest results - and how they work together to build long-term wealth. Tax season shouldn't feel like damage control. For dental practice owners, it often does - and that gap between what's owed and what could have been owed is costing real money every year. Most De...