Event Overview
Course Description:
As part of the approximately $1.75 trillion budget package proposed by President Biden are significant changes to federal tax law that will have a direct financial impact on most dentists. If a final bill is passed by Congress and signed by the president before this webinar, we will discuss the details of the legislation. If it's not passed, we will give you the up-to-the minute update on what is proposed. We will also cover 2021 year-end tax planning strategies for dentists, as well as give an update on Employee Retention Tax Credit availability for dentists for 2020 and 2021 and the important reporting requirements for dentists who received money from the HHS Provider Relief Fund, which will be required in early 2022.
Art Wiederman, CPA | Director, Dental Division | Eide Bailly
For more than 35 years, Art Wiederman has specialized in serving dental practices in the Southern California area. He oversees a variety of professional services including accounting, tax compliance and planning, financial planning, retirement planning and financial practice management consulting. Art’s expertise is not only in taxation issues for dentists, but also in knowledge of dental practice metrics and benchmarks. He has the ability to look at a dentist’s profit and loss statements and practice management reports and identify profit holes in the practice. In addition, Art is adept at buy-in and buy-out consulting, practice start-ups, compensation plan development, operation evaluations, and litigation support for dentists. As an expert in dental practice accounting and financial management, Art is a regular lecturer at state, local and national dental conferences, dental societies and dental schools. He is a founding member of the Academy of Dental CPAs (ADCPA) and hosts the bi-weekly podcast, “The Art of Dental Finance and Management.”
Mel Schwarz, JD, CPA, Director of Legislative Affairs | Eide Bailly
Mel has over 37 years of experience specializing in legislative affairs, including development and implementation of tax legislation at the national level. He spent six years on the staff of the Joint Committee on Taxation and has served as the chairman of the Tax Legislation Committee of the AICPA. He spends his time at the capitol meeting with legislators, listening in on updates impacting tax processes and procedures and providing timely updates and education on issues and opportunities impacting clients.
Additional Information: This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Nicole Stolle or call 701.239.8589.
Financial Advisor offers Investment Advisory Services through Eide Bailly Advisors, LLC, a Registered Investment Advisor. Securities offered through United Planners Financial Services, Member of FINRA and SIPC. Eide Bailly Financial Services, LLC is the holding company for Eide Bailly Advisors, LLC. and Eide Bailly Agency, LLC, which is wholly owned and operated under Eide Bailly LLP. Insurance products are offered or issued under Eide Bailly Agency, LLC. Eide Bailly Advisors, LLC employees can also be licensed as insurance agents/producers of Eide Bailly Agency, LLC. Eide Bailly Financial Services and its subsidiaries are not affiliated with United Planners. Not all products and services are available in all states.