The Dentalpreneur Podcast w/ Dr. Mark Costes 2345: Turbocharging Tax Savings for Dentists
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Sep 26, 2025 Brent Saunier, a CPA and CEO at Pro-Fi 20/20 and Phase One Dental CPAs, shares his expertise on tax strategies for dentists. He dives into the Big Beautiful Bill and explains tax advantages like 100% bonus depreciation and the new SALT cap. Brent discusses practical strategies such as the Augusta Rule, employing family members, and the implications of the PTE tax election. He also introduces Phase One, a budget-friendly accounting solution for growing practices. A treasure trove of tips for maximizing tax savings!
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Elect PTE Tax To Bypass SALT Cap
- If your state allows, elect the pass-through entity (PTE) tax so the business pays state tax and you avoid the SALT cap personally.
- Evaluate income thresholds because high earners may phase out or not benefit from SALT or PTE options.
SALT Cap Changes But Income Limits Matter
- The SALT personal deduction cap was $10,000 and has been adjusted toward $40,000, but high-income filers over thresholds may receive no benefit.
- Pass-through entity elections can sidestep personal SALT limits for many business owners.
Use The Augusta Rule Properly
- Use the Augusta Rule: have your business rent your home for legitimate meetings and pay reasonable rent to create a deductible business expense.
- Keep meeting agendas, attendee lists, and comparable rental rates to substantiate the deduction (max 14 days per home).