Deducting overhead

[#dental4life]

Can you deduct your overheads like salaries, supplies, equipment a etc...

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[OhioDMD]

Office overhead - yes. Employee salaries - yes. Your salary - no, Equipment - yes , however it may be subject to depreciation schedules and annual allowable maximums.

 

[#dental4life]

Office overhead - yes. Employee salaries - yes. Your salary - no, Equipment - yes , however it may be subject to depreciation schedules and annual allowable maximums.

So does that mean when I read things about dentists complaining about their overhead, they just dont know these things?

 

[oralcare123]

There is never enough money