Dentist learning about tax advantages of dental practice ownership.

Are There Tax Advantages to Dental Practice Ownership?

Dental Practice Ownership isn’t for the faint of heart.  As one client said, “If it was easy, everyone would do it.”  In many ways, practice owners double their personal finances and responsibilities, with different rules at every turn.  In addition to a home mortgage, they now also pay a commercial real estate lease.  On top of managing personal finances, they now also manage a profit and loss sheet.  And instead of accounting for and filing one set of taxes, they file two.