{"id":48,"date":"2013-02-13T14:17:59","date_gmt":"2013-02-13T14:17:59","guid":{"rendered":"http:\/\/onlyfordentists.com\/blog\/?p=48"},"modified":"2013-02-13T14:18:21","modified_gmt":"2013-02-13T14:18:21","slug":"fiscal-cliff-notes-tax-strategies-you-can-sink-your-teeth-into-march-20","status":"publish","type":"post","link":"https:\/\/onlyfordentists.com\/blog\/2013\/02\/fiscal-cliff-notes-tax-strategies-you-can-sink-your-teeth-into-march-20\/","title":{"rendered":"Fiscal Cliff Notes &#8211; Tax Strategies You Can Sink Your Teeth Into &#8211; March 20"},"content":{"rendered":"<p>Bassim Michael will be presenting &#8220;Fiscal Cliff Notes &#8211; Tax Strategies You Can Sink Your Teeth Into&#8221; on March 20th\u00a0at the <a href=\"http:\/\/www.sccds.org\/events\/event_details.asp?id=294869\">Santa Clara County Dental Society<\/a>. Find the presentation description below. You can register for the course <a href=\"http:\/\/www.sccds.org\/events\/event_details.asp?id=294869\">here<\/a>.<\/p>\n<p>The \u201cFiscal Cliff\u201d has been one of the most talked about issues over the past several months. The term has been repeated throughout the media ad nauseum to the extent that its impact is almost lost in the conversation.<\/p>\n<p>The Fiscal Cliff was intended to urge the President and Congress into action to avoid a dramatic rise in income tax rates. The American Taxpayer Relief Act, which was passed in the wake of the initial \u201cCliff,\u201d includes significant changes to the tax code which all dentists should be aware of. The nation\u2019s highest earners will see an increase in taxes, while most of the Bush era tax cuts have been made permanent.<\/p>\n<p>This course will outline the major focal points of the Taxpayer Relief Act and explain how you can be proactive in your tax planning.<\/p>\n<h2>Presentation Overview:<\/h2>\n<ul>\n<li><strong>Economic trends in dentistry<\/strong> \u2013 How the Taxpayer Relief Act will affect aspects of your business like retirement, fee scale, patient retention, practice transitions and more.<\/li>\n<li><strong>Tax increases that will affect dentists<\/strong> \u2013 Key tax provisions you can expect to see.<\/li>\n<li><strong>Tax strategies to lower your taxes<\/strong> \u2013 How you can reduce your tax liability throughout the year with internal approaches like record keeping habits and tax projection meetings, as well as external approaches like Federal and State tax credits.<\/li>\n<li><strong>Case Studies<\/strong> \u2013 We have compiled data demonstrating how dental clients who have been proactive in their planning save more in taxes than taxpayers who do nothing.<\/li>\n<\/ul>\n<h2>About the Only for Dentists:<\/h2>\n<p>Only for Dentists is different from most CPA firms because of years of experience focusing on accounting, bookkeeping and tax planning needs for specifically for dentists and dental practices of all sizes in California and surrounding states. This allows us to provide in-depth knowledge about the business needs particular to dentists in a manner that is unmatched by most accounting firms. We fully understand the difficulties (and the joys) of running a practice, and take deep satisfaction in helping local dental practice owners keep their finances in order, save money, and avoid mistakes. Our objective is to free up more time that can be spent focusing managing their practice instead of their books. We focus on the numbers so that you focus on patient care.<\/p>\n<p><em><strong>Only for Dentists\u2019<\/strong><\/em> goal is to make a dentist\u2019s job less taxing!<\/p>\n<h2>About Bassim Michael, CPA, CVA, MS Tax, Principal of <em>Only for Dentists<\/em><\/h2>\n<p>Bassim Michael has an expertise providing advice and services to dental professionals for over 15 years. Bassim&#8217;s background in both public and private accounting gives him a unique perspective into the financial, tax and business needs of dentists.<\/p>\n<p>Bassim is licensed as a CPA in California and Nevada. He earned his Bachelor of Arts degree from Fresno Pacific University and also holds an MS in Taxation degree from Golden Gate University. Bassim has taught at Fresno Pacific University&#8217;s undergraduate and graduate Leadership program for over four years. Bassim is a member of the <a href=\"http:\/\/www.aicpa.org\">AICPA<\/a>, <a href=\"http:\/\/www.calcpa.org\/\">California Society of CPA&#8217;s<\/a>, <a href=\"http:\/\/www.fresnoepc.org\/\">Fresno Estate Planning Council<\/a>, <a href=\"http:\/\/www.indcpa.org\">Institute of Dental CPAs<\/a>, <a href=\"http:\/\/www.nacva.com\/\">NACVA<\/a>, and <a href=\"www.acfe.com\">ACFE<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bassim Michael will be presenting &#8220;Fiscal Cliff Notes &#8211; Tax Strategies You Can Sink Your Teeth Into&#8221; on March 20th\u00a0at the Santa Clara County Dental Society. Find the presentation description below. You can register for the course here. The \u201cFiscal Cliff\u201d has been one of the most talked about issues over the past several months. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-48","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-taxes","7":"entry"},"_links":{"self":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts\/48","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/comments?post=48"}],"version-history":[{"count":2,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts\/48\/revisions"}],"predecessor-version":[{"id":50,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts\/48\/revisions\/50"}],"wp:attachment":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/media?parent=48"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/categories?post=48"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/tags?post=48"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}