If you’re considering selling all or part of your practice anytime during the next few years, you should be aware that there may be a significant increase in the capital gains tax. This means that you would be left with less take home income from a sale in 2022 than in 2021.
If you own multiple practices or large practices, this tax increase would have a significant effect on your financial plans.
Join us for our next live pop-up event on Wednesday, May 19 at 8 p.m. EST / 7 p.m. CST, titled “Impact of Biden’s proposed tax changes on dental practices across the US.” You’ll get an overview of the changing tax landscape and you’ll be able to ask our experts your specific questions. We’ll be joined by Chip Fichtner of Large Practice Sales, and Bhavik R. Patel of Sandberg Phoenix, for a live Q&A.
Register here for the Wednesday, May 19 event.
To view more on-demand webinars to help your dental practice thrive, visit dentalacademyofce/dace/webinars and choose what you want to watch from a variety of topics.