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 which will affect dentists for tax years 2025, 2026 and forward.
This course will go through the major tax changes included in this over 880-page bill that directly affect dentists including provisions of the Tax Cuts and Jobs Act made permanent or extended which include keeping the current tax rate schedule for 2025 and beyond, bringing back of 100% bonus depreciation, elimination of tax credits for electric vehicles, 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 will affect dentists.
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 which will affect dentists for tax years 2025, 2026 and forward.
This course will go through the major tax changes included in this over 880-page bill that directly affect dentists including provisions of the Tax Cuts and Jobs Act made permanent or extended which include keeping the current tax rate schedule for 2025 and beyond, bringing back of 100% bonus depreciation, elimination of tax credits for electric vehicles, 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 will affect dentists.
The course also discusses taxable income and adjusted gross income limits which if exceeded will cost dentists benefits of the bill and how dentists can reduce their taxable income to best take advantage of these provisions. Knowledge of the new rules will allow dentists to work with their CPAs to best take advantage of the new laws.
Learning objectives
To review the major provisions of the One Big Beautiful Bill Act (OBBBA)
To show dentists what steps they should take in their income tax planning to best reduce their taxable incomes with the new tax law provisions
To discuss using dental practice retirement plans, equipment and facility expenditures and employment of family members in the practice as ways to bring income down to not exceed income limits imposed as part of this new law
The presenter
Art Wiederman, CPA, dental division director at Eide Bailly LLP
Art 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. Art’s expertise is not only in taxation issues for dentists, but also in his knowledge of dental practice metrics and benchmarks. Art can look at a dentist’s statements and identify profit holes in their practice.
He 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 also the host of the popular podcast, “The Art of Dental Finance and Management with Art Wiederman, CPA”
