The Tax Dentists Forget: Understanding Business Personal Property

Jarrod and Casey sit down with Steve Levy, CPA & JD, to unpack one of the most misunderstood—and most commonly ignored—practice expenses: the Business Personal Property Tax. From dental equipment to furniture to the random items you don’t even think about, Steve explains what actually counts, what doesn’t, and why this tax matters more than most dentists realize. Steve breaks down how reporting works, why it varies by state and county, and how failing to track your assets properly can lead to unnecessary tax bills year after year. Whether you’re unsure what’s on your depreciation schedule or don’t even know this tax exists, this episode lays out the essentials so you can stay compliant, avoid overpaying, and finally take control of this forgotten corner of practice finances.Interested in more info on how to: Earn More, Save More, and Retire EarlyUpcoming Tour Dates: Go to our EVENTS page for infoFacebook: Four Quadrants AdvisoryInstagram: @fourquadrantsadvisoryLinkedIn: Four Quadrants Advisory