fbpx
A peer-reviewed journal that offers evidence-based clinical information and continuing education for dentists.

New Rules Published By the IRS Can Help Dentists Receive More Economic Relief

0

Dentists can receive relief from the Employee Retention Tax Credit (ERTC) and potential full forgiveness of their Paycheck Protection Program (PPP) loans based on new rules published by the IRS.

On today’s episode of The Art of Dental Finance and Management podcast, Art discusses the ways that dentists can not only receive potential full forgiveness of their round one PPP loans, but also receive up to a $5,000 per employee with the ERTC. New Treasury guidance was recently published (Notice 2021-20) which explains in greater detail to help dentists and other small business owners best utilize the available funding.

In the episode, Art reviews:

  • Background on the PPP loan rules
  • How to determine when to file for PPP loan forgiveness
  • Who is eligible for the ERTC
  • How to calculate the ERTC
  • Strategy for dentists to use wages paid for PPP loan forgiveness and ERTC

Reach out to Art if you have any questions regarding dental finance and management for your dental practice.

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy

YEAR-END CE SALE

Coupon has expired Get your units by year-end or buy now to get the discount and complete the courses next year. All at discounted pricing!
Get Special CE Savings!