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August 21, 2025 21 mins
What does the “One Big Beautiful Bill Act” mean for dentists?  In this episode of Oral Wealth: Prosperity and Practice, Brian Swilling breaks down the sweeping tax legislation passed on July 4, 2025, explaining what’s changed, what’s permanent, and what dentists need to do now to take advantage. Brian dives into the key provisions that matter most for high-earning healthcare professionals, including long-term tax planning clarity, new deductions, estate exemptions, business incentives, and powerful ways to fund your future with precision and flexibility. Brian discusses: Permanent tax brackets and higher standard deductions Gift and estate tax exemption increases for wealth transfer State and local tax (SALT) cap expansion for high-tax states Deductions for seniors, charitable giving, child tax credits, and 529 plan updates New business incentives and individual deductions for dentists and associates How to maximize tax-deferred strategies like 401(k), profit sharing, and cash balance plans And more. Resources: www.navipathfinancial.com Details on the One Big Beautiful Bill Act (O-B-B-B-A) Upcoming blog posts and tax strategy guides from Brian Connect with Brian Swilling: NaviPath Financial LinkedIn: Brian Swilling brian@navipathfinancial.com Roth IRA earnings grow tax-free, and qualified withdrawals are also tax-free, provided certain conditions are met (e.g., the account has been open for at least 5 years and you are age 59½ or older, or meet another qualifying condition). Eligibility to contribute to a Roth IRA phases out at higher income levels. Non-qualified withdrawals of earnings may be subject to income taxes and a 10% early withdrawal penalty.
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