ADA Believes Tax Bill will Benefit Majority of Dentist and Patients

The new tax billed includes a number of policies that will benefit from dental industry, according to the American Dental Association (ADA).  

According to an article from the ADA, “The ADA was successful in getting a number of ADA policy priorities included in the final bill, which it believes will benefit the majority of dentists and their patients”.

The article discusses some key provisions:

  • Improving the cash accounting allowance
  • Retaining the student loan interest deduction at its current levels
  • Providing the first ever deduction for all pass-through entities, including S Corporations and sole proprietorships

Is your dental practice ready for the new tax laws coming in 2018?

To read more, see the full article from the American Dental Association.

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