On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act (OBBBA), which included numerous federal income tax law changes that affect dentists for tax years 2025, 2026, and forward.
This course reviews the major tax changes included in this over 880-page bill that directly affect dentists, including provisions of the Tax Cuts and Jobs Act that were made permanent or extended, which include keeping the current tax rate schedule for 2025 and beyond. Additionally, OBBBA brings back the 100% bonus depreciation; the elimination of tax credits for electric vehicles; a phase-out on home solar energy construction and commercial buildings; changes to the estate tax limits; changes to itemized deductions, including the state and local tax deduction (SALT); and many more tax provisions that affect dentists.
The course also discusses taxable income and adjusted gross income limits, which, if exceeded, will cost dentists. Wiederman will explain how dentists can reduce their taxable income to best take advantage of the new provisions. Knowledge of the new rules can allow dentists to work with their certified public accountants (CPAs) to best take advantage of the new laws.
Course description
On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act (OBBBA), which included numerous federal income tax law changes that affect dentists for tax years 2025, 2026, and forward.
This course reviews the major tax changes included in this over 880-page bill that directly affect dentists, including provisions of the Tax Cuts and Jobs Act that were made permanent or extended, which include keeping the current tax rate schedule for 2025 and beyond. Additionally, OBBBA brings back the 100% bonus depreciation; the elimination of tax credits for electric vehicles; a phase-out on home solar energy construction and commercial buildings; changes to the estate tax limits; changes to itemized deductions, including the state and local tax deduction (SALT); and many more tax provisions that affect dentists.
The course also discusses taxable income and adjusted gross income limits, which, if exceeded, will cost dentists. Wiederman will explain how dentists can reduce their taxable income to best take advantage of the new provisions. Knowledge of the new rules can allow dentists to work with their certified public accountants (CPAs) to best take advantage of the new laws.
Learning objectives
Review the major provisions of the One Big Beautiful Bill Act (OBBBA)
Show dentists which steps they should take in their income tax planning to reduce their taxable incomes with the new tax law provisions
Discuss using dental practice retirement plans, equipment, and facility expenditures and employing family members as ways to bring income down so as not to exceed income limits imposed as part of the new law
The presenter
Art Wiederman, CPA, dental division director at Eide Bailly LLP
Art Wiederman has specialized in serving dental practices for more than 40 years. He oversees a variety of services, including financial planning, retirement planning, transition planning, and financial practice management consulting. Wiederman’s expertise includes taxation issues for dentists as well as dental practice metrics and benchmarks.
Wiederman is a frequent speaker at local, state, and national dental meetings and is a founding member of the Academy of Dental CPAs as well as a member of the Speaking Consulting Network. He is the host of the popular podcast, The Art of Dental Finance and Management with Art Wiederman, CPA.