On this episode of the Millionaire Dentist Podcast, Casey Hiers is joined by tax and accounting experts Steve Levy, CPA, JD, and Colt Smith. They dive into a topic on every practice owner's mind: "How can I pay less taxes?" Many dentists and specialists are chasing what they perceive as "magical" tax write-offs, believing it's the singular path to financial freedom.
Steve and Colt dismantle this common misconception, explaining that the primary goal of a business is to build profit, not to spend a dollar to save thirty cents. They discuss the potential pitfalls of a singular focus on tax write-offs and reveal why a more diverse and strategic view of tax management is a more profitable and sustainable approach.
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