The Art of Dental Finance and Management

What Dentists Need to Know About the Updates to the HHS Provider Relief Reporting Requirements

September 30, 2020 | Podcast

With all the changing legislation and updates to the various relief programs, it’s important for dentists to stay informed. Although it may seem complex, Art helps make sense of it to help you with strategic tax planning and maximize profitability in your practice.

In this episode of The Art of Dental Finance and Management podcast, Art updates dentists about the new HHS Provider Relief Fund reporting requirements.  In addition, there may be other potential changes coming in the PPP program, as well as a proposal for a second round of PPP loans. Eide Bailly will continue to monitor changes in government programs and tax law to best inform dentists to better manage their practice. Art also discusses other financial topics impacting dentists and what they should be considering:

  • Deducting PPP expenses
  • Tax planning during uncertainty
  • Accelerating income
  • Deferring deductions
  • Contributing to retirement plans
  • Purchasing equipment in 2020 (as opposed to 2021)  

Have a question about year-end tax planning for your dental practice? Reach out to Art or 657.279.3243. More information about the Eide Bailly dental team can be found at

If you haven’t yet completed our R&D Tax Credit Questionnaire to see if you might be eligible to receive R&D tax credits, we encourage you to do so. Our September 16 episode includes valuable information to help dentists understand how innovative activities they’re doing in their practice might qualify them for an R&D Tax Credit.

New updates have been released on the provider relief funds reporting requirements.


Art Wiederman, CPA
Eide Bailly LLP


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