Tax Law Changes for 2021: What De...

Tax Law Changes for 2021: What Dentists Need to Know

Art of Dental Finance and Management by Art Wiederman

Episode notes

In this episode of The Art of Dental Finance and Management podcast, Art meets with Mel Schwarz, Director of Legislative Affairs in Eide Bailly’s National Tax Office. Art and Mel discuss the new tax law changes related to the enactment of the American Rescue Plan Act (ARPA) signed into law in mid-March. Mel’s reviews components of the new plan that will help dentists minimize their tax liabilities, as well as provisions that may affect 2020 tax returns. ARPA includes: •        Expanded child tax credits •        Stimulus payments of $1,400 per person  •        Student loan debt forgiveness relief  •        New rules on taxation of unemployment benefits •        Potential new tax laws coming Reach out to Art if you have any questions re ... 

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