𝟏. 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐄𝐱𝐩𝐞𝐧𝐬𝐞𝐬: Familiarize yourself with what qualifies as a business expense for your dental practice. This includes supplies, equipment, and even certain utilities.

𝟐. 𝐋𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐢𝐧𝐠 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐂𝐨𝐬𝐭𝐬: Deduct expenses related to professional development, such as seminars, workshops, and courses that enhance your skills and knowledge.

𝟑. 𝐎𝐩𝐭𝐢𝐦𝐢𝐳𝐞 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬: Take advantage of deductions for employee benefits, including health insurance contributions and retirement plans.

𝟒. 𝐇𝐨𝐦𝐞 𝐎𝐟𝐟𝐢𝐜𝐞 𝐃𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧: If you manage administrative tasks from a home office, ensure you claim the appropriate deductions for the space and related expenses.

𝟓. 𝐔𝐭𝐢𝐥𝐢𝐳𝐞 𝐃𝐞𝐩𝐫𝐞𝐜𝐢𝐚𝐭𝐢𝐨𝐧: Make use of depreciation on dental equipment and technology to reduce taxable income over time.

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𝐒𝐢𝐠𝐦𝐚 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐧𝐭𝐬
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