Dentally Incorrect

Tax Tips*

1. With a reassuring hand on their shoulder, remind your employees that a raise sounds good but could potentially put them in a higher tax bracket—and then they’d lose money!
2. Get the IRS agent auditing your practice on your side with a well-timed high-five.


3. Make sure your CPA has a self-depreciating sense of humor.


4. Remember, gambling losses are tax-deductible, and how else would you describe owning a practice?


5. The IRS’ recent staff cuts mean the office is under a lot of pressure. Hang onto this year’s return and when the IRS is ready, it will let you know. If it never comes looking for it, it must not be that important, right?


6. Claim your front-office staff as dependents.


7. Be brave and try something that might one day get a loophole named after you.


8. Who’s to say paychecks aren’t given charitably?


9. Designate your money as legal tender instead of lawful currency so the government can’t tax it. Checkmate, feds.


10. Is that your dog? No, it’s your organic security alarm. Is that your car? No, it’s your mobile personnel relocator. Is that a vintage Teenage Mutant Ninja Turtles T-shirt? No, it’s my … you get the point.


11. The tax code is a lot like insurance codes: No one really understands it all, and no one is going to be mad at you for entering in a few numbers loosey-goosey.

Humor with bite

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