In This Episode
Navigating the Internal Revenue Service (IRS) can be intimidating for individuals and businesses alike. In these situations, it helps to have a former IRS professional on your side.
On this episode of "The Art of Dental Finance and Management,” Art joined by Ben Peeler, Partner in Charge of Eide Bailly’s Tax Controversy and Procedures group. Ben provides updates on proposed personnel cuts at the IRS and what they mean for current and future audits. Ben also discusses issues with S Corporation shareholder loans, why it’s important to report all your income, and what documentation is necessary for expenses. Finally, Art and Ben discuss the IRS’s “Dirty Dozen” — the worst of the worst scams taxpayers may encounter this year. Tune in to receive actionable insights from someone familiar with the ins and outs of the IRS.
Show Notes & Resources
- Upcoming Eide Bailly Events
- Eide Bailly's Healthcare Services
- Decisions in Dentistry
- Academy of Dental CPAs
About the Host
Art Wiederman, CPA, Director of Dental Practices | Eide Bailly
Art specializes in serving dental practices. He oversees a variety of services including accounting, tax compliance and planning, financial planning, retirement planning, and financial practice management consulting. Art’s expertise is not only in taxation issues for dentists, but also in his knowledge of dental practice metrics and benchmarks. Art has the ability to look at a dentist’s statements and identify profit holes in their practice.
About the Guest
Ben Peeler, Partner, Tax Controversy and Procedures | Eide Bailly
Ben joined the firm in 2014 with many years of tax experience, both as an attorney and an accountant. He specializes in federal tax, controversy, and procedure work, assisting with clients in the areas of income tax, estate and gift tax, property tax, sales and use tax, estate planning, and many other tax matters. Ben's vast experience includes representing clients before the IRS, as well as representing the IRS before the U.S. Tax Court and during litigation before the federal district courts as a special assistant to the United States Attorney. Today, Ben leads the firm's IRS Practices & Procedures as a federal tax, controversy, and procedure specialist and serves on Eide Bailly's National Tax Office team.
