Tax Hacks Your Regular Accountant Won't Tell You w/ Mike Bark

Dental Practice Heroes

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13d ago 35:36

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You might be missing out on tens of thousands in tax savings and not even know it. But all that can change with the help of a dental CPA. Mike Bark of Bull Moose Financial joins me today to talk profitability, tax mistakes and strategies that dentists overlook far too often.

We dive into the tax landscape of dentistry, explore what a good dental CPA can do for your practice, and unpack how shifting your tax entity could be the smartest move you make this year. If you want to save more next tax season or find out how to benchmark your practice’s performance, this episode is packed with insights you won’t want to miss!

Topics discussed in this episode:

Why you should hire a dental CPA
Common tax mistakes in dental practices
S corporation vs. C corporation vs. LLC
Rising staff costs and labor shortages
Business deductions: home office, vehicles kids on payroll
Bull Moose Financial’s approach to dental services

Connect with Mike Bark:
https://www.bullmoosefinancial.com/
[email protected]
(414)-759-9629

Special offer: Mention the Dental Practice Heroes to waive the $2,500 onboarding fee at Bull Moose Financial!

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Chapters

1. Tax Savings You're Missing Out On (00:00:00)

2. Why Dentists Need Specialized CPAs (00:05:07)

3. Rising Labor Costs & Going Out-of-Network (00:12:26)

4. Choosing the Right Business Entity (00:20:34)

5. IRS Audits and Aggressive Tax Strategies (00:25:52)

6. Home Office, Augusta Rule & Vehicle Deductions (00:32:25)

563 episodes

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