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Tips to Prep for a Less Taxing Tax Filing

By Art Wiederman, Don Watson, CPA and Scott Haberman, CPA On Feb 9, 2022

In this episode of The Art of Dental Finance and Management podcast, Art meets with fellow Eide Bailly dental CPAs Scott Haberman and Don Watson to discuss how dentists can best prepare for the coming tax filing season. They cover some key tax prep considerations to ensure a less taxing experience:

Gather all tax information
Report all income
Identify all legal deductions
Calculate salary for S Corporation shareholders
Decide whether to file on time versus extending

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

Art Wiederman, CPA

Serving dental professionals for 35 years, Art Wiederman, CPA, is director of dental practices for Eide Bailly, one of the nation’s leading CPA firms. With special expertise in dental practice metrics and benchmarks, he oversees a variety of services, including accounting, tax and financial planning, retirement planning, and financial practice management. In addition to his podcast, Wiederman lectures nationally on dental accounting and financial management. He can be reached at awiederman@eidebailly.com.

Don Watson, CPA

Don Watson, CPA, is a partner in the Healthcare Services department and primarily works with dental clientele. He helps with tax preparation, financial reporting, and consultation for individuals, corporations and partnerships associated with the dental industry

Scott Haberman, CPA

Scott partners with closely-held companies in health care, real estate, manufacturing and professional services, helping them navigate the operational and tax implications of their business goals. He has also worked with a number of Fortune 100 companies and has a firm grasp on tax strategies appropriate for many business structures.

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