January 2012 Issue
The McGill Advisory
What Is The McGill Advisory?
Your resource to reaching your financial goals faster—with greater confidence and less stress. Discover why thousands of your colleagues trust The McGill Advisory.
Lower Your Taxes
Most dental clinicians pay higher taxes than they need to—because they don’t know the legal strategies available for reducing their tax bill by thousands of dollars annually.
Learn proven techniques for managing your office that can boost revenue and reduce costs to increase your practice profits by five figures or more.
Protect Your Wealth
Too many doctors allow their hard-earned money to slip through their fingers. Discover precautions for ensuring you conserve what you’ve rightfully earned.
Plan a Prosperous Retirement
A rewarding retirement is not automatic—it takes a strategy. Find out what smart doctors do now to fulfill their future dreams.
100% Prosperity Guarantee
The McGill Advisory gives you advice to add thousands of dollars annually to your net worth – or receive a full refund.
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Investments | Investment Outlook
How To Use Volatility To Increase Your Investment Returns In 2012
Buy low and sell high? Adopting a disciplined investment approach could provide favorable results in these uncertain economic times.Read Article
Marketing | New Patients/Treatment Acceptance
Use The WOW New Patient Exam To Build Patient Trust
Part Two: Build rapport with your patients by asking, rather than telling. Use these fool-proof points to connect with your patients and boost treatment acceptance.Read Article
Practice Management | General/Other
How To Use Invisalign Profitably In Your Orthodontic Practice
Trying to decide when Invisalign is the right choice? Weigh the pros and cons and know how to choose the treatment option that’s best for both the patient AND your practice.Read Article
Practice Management | Personnel - Compensation
Time To Join The Growing Number Of Practices Replacing Pay Raises With Bonus Plans
Switching from annual pay raises to performance based bonuses may not be easy, but it’s well worth the effort to assure a “win-win” for both you and your staff.Read Article
Tax | Pending Legislation/Tax Updates
Congress Approves Two-Month Extension Of Payroll Tax Cut; Recaptures Benefit For High Income Doctors
Congress giveth and Congress taketh away! Discover the trick to avoid losing out on the payroll tax cut extension.Read Article
Tax | Audits
IRS Increases Audits Of High Income Doctors
The “tax gap” has widened, and the IRS is determined to narrow it. Audits of small businesses are up, as are criminal prosecutions, so make sure your practice is in compliance!Read Article
Investments | Investment Strategy
Should You Dump Stocks For Alternative Investments?
Caveat emptor!! Unconventional investments are all the rage, but make sure you know what you’re buying before you invest.Read Article
Personal Finances | Debt Management
Reducing Student Loan Payments (Online-Only Article)
If you can't seem to get out from under student loan debt, or if you have children with student loans, consider these options for reducing interest rates and monthly payments.Read Article
Supplements for January 2012
Form, Guide or Letter
Total Pay Statement
Use our recommended form to communicate the total compensation paid to each of your employees during the prior year.
Student Loan Income-Based Repayment (IBR) Calculator
Use this IBR calculator from Student Loan Hero to see if you qualify for reduced monthly student loan payments through the Income-Based Repayment plan.
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