Unraveling Tax Basis: What Every Practice Owner Needs to Know
The Dental Podcast Directory is Proudly Supported By:
Show Notes
Join Casey Hiers as he sits down with Colt Smith, a Senior Tax Accountant at Four Quadrants Advisory, to demystify tax basis. Many practice owners find themselves confused or frustrated when their CPA mentions this crucial concept.
In this episode, Colt breaks down what tax basis truly means for your practice, explaining it as your equity or investment in the business. Learn the primary ways to increase your tax basis, including contributing capital and building profitability, and gain valuable insights to better understand your practice’s financial standing.
Interested in more info on how to: Earn More, Save More, and Retire Early
Upcoming Tour Dates: Go to our EVENTS page for info
Facebook: Four Quadrants Advisory
Instagram: @fourquadrantsadvisory
LinkedIn: Four Quadrants Advisory
Subscribe to The Dental Podcast Directory Newsletter for Incredible Convenience
There are so many dental podcasts that publish great content, but it’s impossible to subscribe to all of them. Three days a week, we send an email newsletter with links to all of the recent podcast episodes published by dental-specific podcasts. To get this newsletter, type your email below and click subscribe.
Audio Disclaimer:
The audio available here uses the podcast creator’s RSS feed to pull the audio file. We do not download or host any of the audio files on our website. If the audio player is broken or the audio is no longer available, it may be that the podcast is no longer live or that the content was moved to another podcast host. If you find an error or need to make a change, please contact us by opening a support ticket. Click Here to Open a Support Ticket