Dentists are braced for a steep hike in personal taxes this year when they are no longer able to split income with family members the way they used to. On January 1, 2018, the “tax on split income” (TOSI) rules became effective. This severely … [Read more...]
Just for Dentists Newsletters
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Nov, 2018 Pay tax on only 50% of your practice income
November 5, 2018 by
No longer able to sprinkle company dividends among family members in the low tax bracket, many dentists are bracing themselves for a big hike in personal taxes on their dividend income from their corporations. There is a tax strategy that lets … [Read more...]
