August 2022 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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Transitions | General/Other
Time To Adjust Your Plan For Retirement (Part 2 Of 2)
The current economic climate necessitates employing the following financial strategies to ensure you don't outlive your money.Read Article
Tax | Individual
How To Beat The $10,000 Deduction Limit On State Taxes (SALT)
So far, 29 states have passed legislation to help business owners circumvent the itemized deduction limit for state and local taxes. If your state is among the 29, find out how you take advantage and cut your tax bill.Read Article
Investments | Stocks, Bonds, Mutual Funds
With The Stock Market Declining Should You Stop Investing?
Short answer: NO! Here's why it's crucial you stay invested, especially in times of economic downturn.Read Article
Practice Management | Profitability
Eight Strategies For A More Profitable Hygiene Department
If your practice is struggling to hire or retain hygienists, use these 8 tips to boost your hygiene profitability despite the current labor crunch.Read Article
Tax | Audits
Avoid These IRS Audit Targets
The IRS has increased funding to go after abusive tax arrangements. If you've participated in one of these 4 tax schemes, an IRS audit is almost guaranteed.Read Article
Marketing | New Patients/Treatment Acceptance
10 Steps To A Successful Treatment Consultation
With inflation raging on, your patients' budget is their top concern. Help them commit to needed treatment by utilizing these 10 strategies.Read Article
Practice Management | General/Other
How Long Should You Retain Tax Returns And Other Records?
There are several legal reasons why you need to retain tax returns, financial statements, personnel records, and insurance policies. But retaining these records requires space and costs money. Follow this retention schedule so you don't hold on to them longer than necessary.Read Article
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