Don’t miss this amazing interview with Dr. Mike and Dr. Stacy Ochoa, a general dentist with a profound understanding of airway, its role in craniofacial growth and development, the ability of the dentist and orthodontist to detect airway issues in pediatric patients, and the role of interceptive orthodontic in the improvement of sleep-disordered breathing.   You’ll learn:

• Why Stacy is so passionate about airway treatment.
• Why we need to take a proactive approach to addressing the etiology of the malocclusion versus a reactive approach to treatment of the symptoms.
• The problem with using OSA as a barometer for the detection of sleep-disordered breathing and an indicator of the need to intercept orthodontically.
• Why many orthodontists don’t like interceptive treatment.
• Why many orthodontic residencies don’t teach much about interceptive treatment.
• What the orthodontic literature is missing when it criticizes interceptive treatment.
• The flaws with the 2019 AAO White Paper on OSA and interceptive orthodontics.
• The problem with literature that evaluates the impact of tooth extraction on airway.
• Why our medical colleagues are turning to dentists for assistance with the management of pediatric sleep-disordered breathing.
• How a patient can have a severe transverse discrepancy in the absence of a posterior crossbite.
• The life-changing impact we can have on young patients through interceptive treatment.
• The need for all dentists to open their minds regarding airway and interceptive orthodontics, and not disparage colleagues who are changing their patient’s lives.
_______________________________________________________________________
-ASAP Pathway ( Airway Sleep and Pediatric Pathway)
https://asappathway.com/
-Parents:
Is my child at risk assessment
https://asappathway.com/is-my-child-at-risk-quiz/
-Find a provider:
https://asappathway.com/parents/
-Doctors: live training courses through ASAP Pathway
https://asappathway.com/pediatric-dentistry-training-events/

-For more info about DOC:  www.TheOrthoCoach.com
-To join The DOC Community FB Page: https://www.facebook.com/groups/1350463785569755/?mibextid=oMANbw

John Vento, CPA, CFP,  is an author, educator, and TV personality who has appeared on such shows as NY1 News “Money Matters,” Fox Business News, CBSN, and Reuters TV.   John has tremendous knowledge in the tax and financial planning arena, especially as it pertains to dentists.  If you’re a dentist and you want to know more about taxes and practice ownership, DO NOT MISS THIS EPISODE!!

In this episode, titled “Taxes & Practice Ownership,” John will cover:

·         An overview of practice acquisition and disposition strategies for both buyer and seller to help improve the chances of a successful practice transition.

·         The best way to categorize different tangible and intangible assets when you purchase or sell a dental practice.

·         A description of goodwill and how it is calculated and allocated. 

·         The best way to handle depreciation and amortization of practice assets.

·         The benefits of having a segregation study done when you purchase the building in which you practice.

·         How to communicate with your tax advisor to minimize your tax liability.

·         How to take a Section 179 deduction on “qualified property” including most internal and many external improvements to your practice space and building.

·         When and how to spread your deductions out over time to maximize your tax savings.

·         Why you MUST have a year-end planning meeting with your CPA to avoid over-paying in taxes.

·         The advantages of owning the real estate that houses your practice.

·         How a 1031 exchange can be used to legally defer or eliminate capital gains tax on the sale of your practice real estate and create generational wealth.

·         The property way to execute a 1031 exchange.

·         The additional benefits and flexibility of using a Delaware Statutory Trust or DST for your 1031 exchange.

Important Links:
·         Link to Part 1 of the Tax Information for Dentists:  https://www.youtube.com/watch?v=1-EXO-IlQgs&ab_channel=DeLukeOrthodonticCoaching

·         Link to Part 2a of Taxes and Practice Ownership:  https://www.youtube.com/watch?v=tyQTdCy2DxA&t=376s

·         To purchase John’s Book:  https://www.ventotaxandwealth.com/buy-the-book

·         You can find more information on John and his firm, Vento Tax and Wealth Management, at www.VentoTaxAndWealth.com.

·         Link to John’s Newsletter: https://www.ventotaxandwealth.com/blog 

·         Link to John’s article on IRS Audits: https://www.ventotaxandwealth.com/tips-for-dentists

·         Link to a number of tax calculators:  https://www.ventotaxandwealth.com/resource-center/calculators

·         Link to John’s article in Seminars in Orthodontics: LINK

·         See John Lecture at the Greater NY Dental Meeting!  Go to www.gnydm.com and find his courses:

o   10 Characteristics of Multi-Millionaire Dentists (11/24/23 @ 9am-Noon; 11/29/23 @ 2-5pm)

o   Creating a Financially Successful Dental Practice (11/29/23 @ 9am-Noon)

John Vento, CPA, CFP,  is an author, educator, and TV personality who has appeared on such shows as NY1 News “Money Matters,” Fox Business News, CBSN, and Reuters TV.   John has tremendous knowledge in the tax and financial planning arena, especially as it pertains to dentists.  If you’re a dentist and you want to know more about taxes and practice ownership, DO NOT MISS THIS EPISODE!!

This episode is FULL of AMAZING TAX INFORMATION, including:

• The tax and financial services that John’s firm, Vento Tax and Wealth Management, provides to its clients.
• Difference, from a tax perspective, between W-2 employees, 1099 independent contractors, and practice owners.
• Negotiation points for employees when working for an owner dentist.
• How the government differentiates between an employee dentist and an independent contractor dentist.
• The difference between the Common Law Test and the ABC Test and which one the IRS is using to determine if one is an employee or independent contractor.
• Whether an independent contractor should establish a separate legal entity.
• The numerous tax advantages of practice ownership.
• The pros and cons of getting involved with a DSO, including how it can impact your ability to get to financial freedom, aka “Point X” and the tax ramifications of working for or selling your practice to a DSO.
• The best way to decrease your liability as a practice owner.
• The different options of entity selection for dentists and the pros and cons of each option from a tax perspective.
• Which corporate entity is the most likely to undergo an IRS audit.
• The one entity that is the best option for dentists.

Part 2b to be released next week!

Important Links:
• Link to Part 1 of the Tax Information for Dentists:  https://www.youtube.com/watch?v=1-EXO-IlQgs&ab_channel=DeLukeOrthodonticCoaching
• To purchase John’s Book:  https://www.ventotaxandwealth.com/buy-the-book
• You can find more information on John and his firm, Vento Tax and Wealth Management, at www.VentoTaxAndWealth.com.
• Link to John’s Newsletter: https://www.ventotaxandwealth.com/blog 
• Link to John’s article on IRS Audits: https://www.ventotaxandwealth.com/tips-for-dentists
• Link to a number of tax calculators:  https://www.ventotaxandwealth.com/resource-center/calculators
• Link to John’s article in Seminars in Orthodontics: LINK
• See John Lecture at the Greater NY Dental Meeting!  Go to www.gnydm.com and find his courses:
o 10 Characteristics of Multi-Millionaire Dentists (11/24/23 @ 9am-Noon; 11/29/23 @ 2-5pm)
o Creating a Financially Successful Dental Practice (11/29/23 @ 9am-Noon)

Orthodontists truly can change lives!!!  Don't miss this interview with the parents of a 6 y.o. patient (Lauren) who was suffering from sleep-disordered breathing.  We'll discuss:

• How Dr. Mike determined that an airway issue existed.
• Mom’s reaction when Dr. Mike asked her if Lauren was mouth breathing and/or snoring.
• What the pediatric ENT told mom and dad about Laruen’s breathing issues and why the tonsils and adenoids weren’t the problem.
• How mom and dad saw their daughter’s energy and temperament change as a result of her sleep-disordered breathing.
• What mom’s thoughts were when Dr. Mike told her that we were going to expand Laruen’s arches with traditional braces and wires instead of expanders.
• Lauren’s experience getting and having braces, including how her peers reacted.
• How Lauren's dad, who is a Certified Registered Nurse Anesthetist and extremely knowledgeable about airway and the impact of expansion on airway patency, saw his daughter’s breathing change a few months into orthodontic treatment and the impact that had on her overall health and well-being. 
• The amazing esthetic benefit Laruen received from her Phase I braces and how that impacted her self-confidence.
• Phase I retainers and whether or not the results of Phase I archwire expansion have been stable since the braces were removed 2.5 years ago.
• How Lauren’s mom's experience with braces and extractions as an adolescent compare to Lauren's experience with braces as a younger child.
• What mom would say to practitioners who are not using braces and wires in Phase I to develop arches, eliminate crowding, and improve airway patency.

In PART II you'll learn:
o How Lou became aware of the impact of the airway on malocclusion and developed a passion for helping detect and treat sleep-disordered breathing.
o Lou’s opinion on early/interceptive orthodontic treatment and whether it can have a positive impact on airway.
o Why orthodontists are hesitant to accept the role of interceptive orthodontics in improving airway patency.
o The importance of taking the time to thoroughly diagnose your patient and develop a specific treatment plan for each individual patient.
o The problem with lumping patients into certain categories and treating them all the same way.
o Lou’s thoughts on using braces and wires to expand the arches of preadolescent patients. 
o How Lou used dental monitoring to maximize convenience for patients and parents.
o What Egghead Ortho is and how it can help you build, grow, and run your practice.

-Visit www.eggheadortho.com to learn more about Lou’s consulting company.
-Contact Lou at [email protected].  

In PART I of this 2-part interview you'll learn:

o   The long and winding road that led Lou to pursue a career in orthodontics, including his time spent working for Dr. Robert Moyers in the Michigan Growth Center as a dental student.

o   The trajectory of Lou’s storied career in private practice and many of the lessons he learned along the way.

o   How and why Lou became an early adopter of CBCT imaging back in 2009.

o   Lou's thoughts on why so many orthos are resistant to investing in CBCT technology for their offices.

o   The actual amount of radiation delivered by CBCT images.

o   How CBCT imaging can improve diagnostic accuracy and ability while lowering the risk of liability.

o   The role of the orthodontist in diagnosing the symptoms of an underlying airway issue.

-Visit www.eggheadortho.com to learn more about Lou’s consulting company.
-Contact Lou at [email protected].  

John is a CPA, CFP, author, educator, and TV personality who has appeared on such shows as NY1 News “Money Matters,” Fox Business News, CBSN, and Reuters TV.  He wrote an amazing book on achieving financial independence titled “Getting to Point X” and has published articles in Money Magazine, the Wall Street Journal, the NY Times, Forbes, US News & World Report, and Financial Advisor Magazine.  John has tremendous knowledge in the tax and financial planning arena, especially as it pertains to dentists.  If you’re a dentist and you want to know more about how to lower your taxes, DO NOT MISS THIS EPISODE!!

This episode is FULL of AMAZING TAX INFORMATION FOR DENTISTS, including:

·         How to get to what John calls “Point X,” or financial independence.

·         The biggest expense that dental practitioners face.

·         Legal strategies and loopholes to decrease your tax liability and increase your wealth.

·         The difference between a tax deduction and a tax credit. 

·         The most commonly missed tax deductions and credits.

·         How to make entertainment expenses fully deductible.

·         What the “Ordinary and Necessary Test” is and how it’s used by the IRS.

·         How to choose the right accountant for you and your practice.

·         Whether your receipts should be digital or paper, how they should be organized, and for how long you should retain them.

·         How you can save literally hundreds of thousands of dollars with the SALT deduction/credit loophole.

·         How the ERC credit works, if you can really save up to $26k per employee, and how working with certain solicitors can lead to criminal charges and the loss of your dental license!

·         Whether or not the Inflation Reduction Act will increase your chances of being audited.

·         Which entity is least likely to get audited and which entity is MOST likely to get audited and if the Inflation Reduction Act will change that.

·         The different types of IRS audits and the steps to take if you are audited.

·         If you should pay more taxes than you need to in order to decrease the risk of an audit.

Important Links:

·         To purchase John’s Book:  https://www.ventotaxandwealth.com/buy-the-book

·         You can find more information on John and his firm, Vento Tax and Wealth Management, at www.VentoTaxAndWealth.com.

·         Link to John’s Newsletter: https://www.ventotaxandwealth.com/blog 

·         Link to John’s article on IRS Audits: https://www.ventotaxandwealth.com/tips-for-dentists

·         Link to a number of tax calculators:  https://www.ventotaxandwealth.com/resource-center/calculators

·         Link to the IRS website on the Employee Retention Credit: https://www.irs.gov/coronavirus/employee-retention-credit

·         See John Lecture at the Greater NY Dental Meeting!  Go to www.gnydm.com and find his courses:

o   10 Characteristics of Multi-Millionaire Dentists (11/24/23 @ 9am-Noon; 11/29/23 @ 2-5pm)

o   Creating a Financially Successful Dental Practice (11/29/23 @ 9am-Noon)

-Don’t miss this awesome conversation with Ty Ramsey, formerly Regional Manager with iCat and now a Consultant with Professional Transition Strategies where he creates financial stability for doctors by providing creative solutions to assist with the merger and acquisition process.

You’ll learn:

o   How CBCT can benefit your practice and help truly change the lives of your patients.

o   Reasons why orthodontists are so resistant to CBCT and airway orthodontics and why pedos and GPs are starting to move in on caring for these patients.

o   The accuracy and value of CBCT imaging in airway analysis.

o   The ACTUAL amount of radiation delivered by low-dose CBCT images.

o   What a prominent trial lawyer told Ty regarding the liability of defendants when it comes to taking a CBCT versus not taking a CBCT. 

o   How many of Ty’s clients have been sued for misdiagnosing a CBCT.

o   What a prominent judge (and orthodontist!) stated regarding CBCT images.

o   Why Ty just accepted a position with Professional Transition Strategies (PTS).

o   How PTS uses equity arbitrage to help you join forces with like-minded colleagues, backed by private equity, to leverage the equity in your practice and create economies of scale with the goal of creating generational wealth.

o   What Ty will be talking about at OrthoPreneurs 2023. 

o   If Ty really is a poker shark!  ;-)

-To see the story Finding Connor Deegan: https://www.youtube.com/watch?v=Sk5qsmRyVcE&ab_channel=AAPMD

-To get in touch with Ty:  [email protected]

-To hear the amazing testimonials of Dr. Mike’s patients: https://theorthocoach.com/testimonials/

-For more great content, visit www.TheOrthoCoach.com

Don’t miss this conversation with the amazing Mari Sawtelle – founder of Mari’s List.  In this episode you’ll learn:

·         The fascinating story of how Mari got started in the orthodontic industry.

·         When and how Mari’s List got started and how it has become a family affair.

·         How Mari’s List helped Dr. Mike have the lowest overhead of all the practices in the US that Chris Bentson valued in 2018.

·         The way Mari’s List saves you and your team time and stress by vetting companies on your behalf.

·         How to set up your inventory systems to maximize efficiency and success.

·         How Mari’s list has saved some doctors hundreds of thousands of dollars on supply costs!

·         Examples of products you can save on from gloves and masks to sterilizers, TVs, and massage chairs!

·         Why Mari is passionate about helping orthodontists save money.

·         What lies ahead for Mari’s List and its members.

·         How to join Mari’s list and start saving today!

-Mari’s List website:  www.MarisList.com 

-For more great content, check out the DOC website at: www.TheOrthoCoach.com!

• How much time do you spend outdoors, enjoying the beauty of nature?  If the answer is "not much," then it may be having a negative impact on your physical and mental health. 
• The American Psychiatric Association reports that from a stroll thru a city park, to a walk on the beach, to a day spent hiking in the wilderness, exposure to nature has been linked to a host of benefits including improved attention, lower stress, better mood, reduced risk of psychiatric disorders and even upticks in empathy and cooperation.
• Listen to this episode to learn more about the amazing benefits of getting outside and enjoying all that nature has to offer!!

-Visit www.TheOrthoCoach.com for more great content!