It’s a good year to be ‘Tax-Wise’ – 9 Quick Tips

A Year in Review

In 2022 we’ve seen rising costs in all aspects of business and life due to inflation. While those increasing costs will undoubtedly have an effect on your bottom line, there are plenty of opportunities to adjust your 2022 tax filing to reduce the amount you’ll have to pay in a year where everyone’s feeling the effects of inflation.

 

Looking Ahead

Below are just a few items that could help save a bit of money in 2022. Bring these up with your licensed tax preparer to see if they can work for your business.

Opportunities to Save Through Strategic Tax Elections

Write-Off Eligible Losses Related to Depreciated or Worthless Assets

Tax Credits for Qualified Businesses

Other Items to Consider

Happy Holidays!

The Dental Success Network Team

Dentistry’s Largest Cover Up…

The Secret

US News and World Report list dentistry as being one of the top professions to get into based on the number of hours worked and the paycheck dentists bring home. In addition banks are tripping over themselves to lend dentists money because the default rate on a dental related loan is less than 1%.

However, because we dentists are able to generate enough production with our clinical skills, dentists are able to cover up some seriously sloppy business practices.

Imagine how much more you can take home, with no more production, if you tighten up the business and focus on the ownership techniques they didn’t teach us in dental school.

 

The Answer

Check out this clip above from Dr. Mark Costes’ talk at Voices of Dentistry this past January.

Here he helps you to establish your baseline and determine where to start if you are looking to tighten up your business practices, plug the holes in the bucket, and take home more income without any additional chair time.

If you are ready to execute, join us this year in beautiful Scottsdale AZ for Voices of Dentistry 2023 on Jaunay 20-21.

Use the code DentalSuccess20 to save 20% now!

SIGN UP NOW!

See you in Scottsdale!

It’s that time of the year!!

Check out the incredible bundles that DSN has to offer ONLY for BLACK FRIDAY!

Looking to elevate your practice in the new year?
Check out our 45 Day Transformation Bundle!
45 Day Transformation Course: This 45-day crash course was developed from lessons learned in the trenches during Dr. Mark Costes’ personal multiple practice ownership journey and show you how to transform your practice in 45 days.

The Dental Practice Operations Manual:
The resources found in The Dental Office Operations Manual are the ultimate guide to creating your own in-office operations manual.

The Dental Marketing Manual: 
This book shows you HOW some practices are so much more successful in marketing than others and gives the keys you want to know to help your practice get the best return-on-investment for your marketing dollars!
  
Feeling overwhelmed at the idea of starting
a new practice?
Check out the Start Up 30 Bundle!
30 Day Startup Course: This 30-day crash course was developed by DSN Owners Dr. Mark Costes and Addison Killeen who have successfully opened multiple start-up practices that defy the norm.

The Dental Startup Manual:
In this guide, Dr. Mark Costes and Dr. Addison Killeen guides you through the journey from initial idea through first patients- plus saving you more than $50,000 in the process.

The Dental Acquisitions Manual:
This 339-page instructional manual covers everything you could need in buying a dental practice. From scouting locations for possible acquisitions – all the way through the challenges that may arise as you take ownership and work with a new team.
Give your team the tools they need to succeed!
Our biggest discount yet on one stop
Team Training!
Front Office Academy is built to help every employee of your dental practice work smarter, every process to run smoother, and every aspect of your business to be optimized to its fullest potential.

• Front Office
• Scheduling Coordinator
• Treatment Coordinator
• Insurance & Billing
• Office Manager
• Regional Manager
• Dental Assistant
• Dental Hygienist

Offers Expire 11/28/2022

DENTAL BUSINESS BREAKTHROUGH ‌

New Year

As 2022 starts to wind down, now is the time to start planning on how 2023 will set your business apart. The last two years have been challenging to the dental profession in unprecedented ways. Now is the time to take ownership of your business and make 2023 your best year yet.

For over a decade, Dr. Mark Costes has coached thousands of dental professionals on how to evolve into “Black Belt Level” in the areas of leadership, systemization, team culture, overhead, and cash-flow control. Many of his past and current members have significantly increased their take-home income, experienced double-digit practice growth, and decreased the stress and chaos in the practices, all while decreasing the amount of time spent at the chair.

 

New Workshop

Dental Business Breakthrough is an intensive, hands-on, one-day workshop that will give its attendees the knowledge and tactical plan to create significant growth in their business acumen, systemization, profitability, and personal development.

Click HERE to register!

Armed with a new perspective and skillset, those who complete this course will walk away with a clear vision, benchmarks, and action plan that will help them to realize their full potential in their professional careers and their personal lives.

This course focuses on:

See you in San Diego!

10th annual dental success summit

Register for the 10th Annual Dental Success Summit

June 15th-17th | San Antonio, TX

Learn More