{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Dentists, Puns, and Money","title":"What are the Four Tax Buckets?","html":"","width":"100%","height":180,"duration":1050,"description":"In this episode Dentists, Puns, & Money, we're again discussing income taxes and tax diversification. \nWe dive into the four ways dentists' income will be taxed, and examples of the action that can be taken for dentists to lower their lifetime tax bill. \nWhat is tax diversification? How can dentists and dental practice owners think about this topic as they contemplate their exit from clinical dentistry?\n \nNot all income is created equally in the eyes of the IRS. \n \nSo if you are a dentist motivated to pay the least amount of tax over your lifetime, if you’re motivated to be as tax efficient as possible, it really starts with being intentional in how and when you put money in and how you take money out of the four different tax buckets. \n \nThat’s how you come out ahead on taxes. \n\nAs a reminder, you can get all the information discussed in today’s conversation by visiting our website dentistexit.com and clicking on the Podcast tab. \n\nDentist Exit Planning Resources:\nAbout Shawn Terrell\nSchedule a Discovery Meeting with Shawn\nSign-Up for Dentist Exit Email Newsletter\nFollow Dentist Exit on Social Media:\nFacebook Group for Dentists\nInstagram\nLinkedIn\nPlease rate and subscribe to Dentists, Puns and Money on these platforms:\nSubscribe on Apple Podcasts\nSubscribe on Spotify\nSubscribe on Google Podcasts\nSubscribe on Stitcher\nSubscribe on Pocket Casts\nFollow us on Instagram","thumbnail_url":"https://img.transistorcdn.com/n5PBTFFGHUPKSpy_q0N4BuboFA2fQUQBO0CupN679qc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE0MTU3LzE2NDcy/NjkzNzktYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}