- MEDIUM
- Business
- Tier 1
- Hard News
Maximizing 2026 tax deductions
- Source
- American Dental Association
- Originally at
- news.google.com(opens in a new tab)
Summary and scoring by The Bell Brief (Dr. Jennifer Bell) using the Drill-Down Protocol. Not the original publisher.
Why it matters for dental
Practice owners and DSOs can use year-end tax strategies to protect cash flow before the 2026 filing deadline. The One Big Beautiful Bill Act expanded some itemized deductions and added new limits that affect how dental practices time deductions and charitable contributions.
Key points
- 01
The One Big Beautiful Bill Act expanded state and local tax deductions to $40,400 for filers under the $505,000 income threshold and introduced a 0.5% adjusted gross income floor for charitable deductions.
- 02
Standard deductions for 2026 are set at $32,200 for joint filers and $16,100 for individual filers, with an extra $1,650 allowed for those aged 65 and older.
- 03
Experts recommend bunching charitable cash donations, making pretax contributions to retirement or health savings accounts, and splitting stock sales between 2026 and 2027 to manage adjusted gross income thresholds.
- 04
Filers must meet 90% of their tax liability to avoid a 7% underpayment penalty.
Who should care
- Owner
- DSO
Read the original
American Dental Association
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