Can You Deduct 100% of the Cost of a New Vehicle?
Discover how you could write off up to 100% of a new vehicle in 2026, the rules for business use, and key tax-saving strategies.
Blogs for Dental Professionals Written by Industry Experts
Does Your Night Out Qualify as a Tax Deduction?
Not every dinner, ballgame, or staff lunch qualifies as a tax deduction. Here’s what dentists need to know about meal, entertainment, and staff expense rules under current IRS and OBBBA guidelines.
Accumulate Millions In Tax-Free Wealth For Your Kids Using Trump Accounts
A new retirement account for children could dramatically change how families build generational wealth.
Dental Partnerships: Why “Value” Matters- But Isn’t the Deal
Dental partnerships can reduce risk and accelerate growth, but success depends on more than valuation. Clear terms around timing, ownership, structure, and income distribution are what keep partnerships fair over time.
Is Your Vacation a Tax Deduction?
Not all business travel qualifies for a tax deduction—despite what social media says. Learn how to legally turn trips into tax write-offs by meeting IRS rules for purpose, documentation, and location.
Should I Be Funding a Roth IRA?
Roth IRAs offer powerful tax-free growth, but many doctors mistakenly believe they earn too much to qualify. This article breaks down how high-income earners can still contribute using the backdoor Roth IRA strategy—while avoiding common tax traps.
Expert Tips for Your Dental Journey
Dentists and dental specialists often face various interconnected challenges in several key areas – tax and business planning, practice transition strategy, legal clarity, retirement preparation and personal life balance.
At McGill and Lyon Dental Advisors, we’ve helped dental professionals overcome these challenges since 1983. We provide expert guidance that lays strong foundations for success and supports greater peace of mind. As you browse our informative blog articles, we’re certain you’ll gather valuable tips and novel approaches that will help you create a roadmap for long-term success.
For more resources that will help you meet and exceed your professional and personal goals, be sure to explore what The McGill & Lyon Dental Advisory has to offer.
