Health care is changing rapidly, and this year, opportunities for private practice owners to thrive and prosper in the industry may appear to be narrowing. Pandemic shutdowns forced clinicians to navigate the loss of production, increased expenses associated with personal protective equipment (PPE), changes in patient protocols, and staffing challenges, to name only a few. Rob Brinkman will help address the “Questions you wished someone told you to ask after graduating dental school.”

• Is life/practice balance possible? If it is, how do you go about accomplishing it?
• Is deducting a portion of your home office the best use of what is available in the tax code?
• If you own your own building, are you depreciating that asset over 27 or 39 years? If so, is that the best schedule?
• Have you been told that you don’t qualify for the employee retention credit because either your gross revenue was not impacted enough, or that you weren’t affected by a mandated shut down notice? Are those the only two determinations that you should be adhering to?
• Everyone saves for retirement. If a 401(k)/Profit Sharing/SEP is your primary vehicle, is it the smartest long-term strategy?
• Your operating company is most likely a partnership/sub-S Corp./LLC. Are there other legal entities that you could include to reduce your taxes?

Sponsored by Patterson Dental Company

Speaker

Rob Brinkman

Rob is one of the co-founders of AscendancyHealth, LLC. He has been in the Financial Services Industry for over 30 years For the past decade, Rob has focused on mentoring and coaching business owners and high net-worth individuals on how to leverage their success more toward a life of meaning and significance.