- Financial Planning
- Financial Planning
- Buy or Sell a Practice
20/20 Money Episode # 100 – REALLY Understanding the R&D Tax Credit with Kyle Riddle
Understanding whether optometrists qualify for the R&D tax credit is not a simple answer. There are many questions that need…
Two high profile (and high risk) tax strategies for optometrists
Saving money on taxes is the goal of pretty much every optometrist. It’d be fair to say I could replace…
20/20 Money Episode # 99 – 3 Misunderstood Responsibilities You Have as a 401(k) Plan Sponsor
Owning an optometry practice requires you to wear many hats. As the owner, sponsoring a retirement plan in your practice…
20/20 Money Episode # 98 – Implementing a SoloK as an Optometrist?
The Solo 401(k) is a viable option for independently contracted, 1099 compensated optometrists. It has many of the same benefits…
20/20 Money Episode #97 – Should you make Traditional or Roth 401(k) Contributions?
One of the most popular questions we get asked is whether their 401(k) contributions should be Traditional or Roth contributions.…
20/20 Money Episode #96 – Understanding Different Types of Profit Sharing Plans
Understanding the different types of profit-sharing plans that exist can help an optometrist determine which type of plan is going…
20/20 Money Episode #95 – How to Pay Less in Taxes the Year You Sell Your Practice with Karl Willman
Optometrists that own their own practice are always looking for strategic ways to reduce their tax liability. The tax bill…
20/20 Money Episode # 94 – A Powerful 401(k) Option You’ve Probably Never Heard Of
Utilizing a retirement plan like a 401(k) profit sharing plan is a great tool to help optometrists save money for…
How optometrists can reduce taxes using these 3 CARES Act strategies
COVID-19 has certainly forced practice owners to faced some difficult headwinds in 2020. Owners must continue to not only work…
