By Wes Lyon, CPA, CFP^®

With more tax ideas available than ever before, thanks to the internet and social media, it’s tricky to determine which strategies represent solid advice and which ones will land you in the IRS’s crosshairs. Making matters worse, many dentists spend time wondering if their CPA works for them or the IRS. While many dentists know what needs to be done, they just simply get too busy and forget to get it done!

As a result, most dentists are overpaying their federal and state income taxes. By helping more than 2,000 dentists reach fi nancial independence through our Tax, Business and Financial Planning Program*, we’ve found the following to be the seven most underused tax saving strategies!