The Year-End Tax Trap: Smart Spending vs. Costly Mistakes

Announcer:
Hello everyone. Welcome to the Millionaire Dentist Podcast, brought to you by Four Quadrants Advisory. On this podcast, we break down the world of dentistry finances and business practices to help you become the millionaire dentist you deserve to be. Please be advised, we do speak with an honest tongue and may not be safe for work.

Jarrod Bridgeman:
Hello and welcome to The Millionaire Dentist. I am your host, Jarrod Bridgman. Casey is out presenting. With me, I've got Kevin Rhoton, who's a CPA and an MBA. And along with Kevin, I also have Brodie Hough, who is a CPA as well. Guys, I had you in here just a few weeks ago kind of covering some of the things that we as a firm do for our clients in terms of taxes and tax preparation near the end of the year. And today I wanted to bring you in on items that every practice owner should review themselves if they don't already have a comprehensive team to do that for them, or to at least prod their own CPA along. Is that kind of the thought here?

Kevin Rhoton:
Yeah.

Jarrod Bridgeman:
Well, the first one, and this is one of the ones that we talk about often, because it can be an issue in the long run with a lot of practice owners' net equipment purchases and Section 179. Kevin, why is there always a rush for owners to buy equipment at the end of the year? And is that a smart move?

Kevin Rhoton:
It can be beneficial, but where I see is we get toward the end of the year for eight, nine, 10 months, practice owners maybe not paying attention to the net income, taxable income, looking at the books, and then, okay, we're getting November, December, and oh wow, my taxable income is pretty high. I haven't saved for taxes. I haven't paid any in. I got to get my tax bill down. What can I do? Oh, well, you either get maybe accountants or tax preparers that aren't dealing with practice owners the way that we do. They're just kind of fly-by-night or every now and then talk.

Jarrod Bridgeman:
One of those generic CPAs.

Kevin Rhoton:
Generic.

Brodie Hough:
Yeah.

Kevin Rhoton:
No, I mean, we're looking at the full picture here. We're not just looking at tax deductions and maximizing the taxes and getting that perfectly right. We're looking at your whole picture. And I think that's where Kevin was going to go. So I'll send it back to them, but we're looking at the whole picture here and just not the tax picture.

Jarrod Bridgeman:
Right. Throughout the year, yeah.

Kevin Rhoton:
For sure. And so they're kind of in a bind, and they think, okay, if I buy this $100,000 piece of equipment, they say I can write that off, and that's a $100,000 deduction. And now having new shiny piece of equipment, maybe-

Jarrod Bridgeman:
And of course, they probably have some reps, sales reps coming in.

Kevin Rhoton:
Absolutely.

Jarrod Bridgeman:
Yeah, trying to pressure them into buying stuff too. And that's one of their selling points is, oh, by the way, it's tax-deductible.

Kevin Rhoton:
Right. Fully tax-deductible. And there's so many things that you have to kind of check the box on to actually make that section one, the full amount tax-deductible in the current year.

Jarrod Bridgeman:
Okay. So what would those be?

Kevin Rhoton:
First is tax basis.

Jarrod Bridgeman:
Oh, yeah.

Kevin Rhoton:
Oh, yeah.

Jarrod Bridgeman:
I love it when you talk tax basis with me, Kevin.

Kevin Rhoton:
Yeah. I know we've talked that before, and probably on multiple other podcasts where it is very important. And if your basis isn't strong, then that section 179 is carried forward to future years to when you can take it.

Jarrod Bridgeman:
Right. And I know from talking with you and Steve Levy, who's a JD and a CPA as well, that part of it, too, is that you have to actually use the equipment, right?

Brodie Hough:
Yeah, 100%. Yeah. So it actually has to be in use by the end of the year. So you're actually physically using that piece of equipment. That's a great other point on top of it. I think to even just add on to what Kevin was saying, even if you do check all the boxes, cross all your T's, and dot all your I's, and we're able to take this tax deduction, that's great. And that's wonderful you're getting that tax deduction. But ultimately, kind of what I was alluding to and Kevin was talking about was the full picture, we're here to optimize everything for you. We're not here just to optimize your taxes. Optimize your taxes can put in jeopardy the state of the business. Are you killing your cash flow? Then all of a sudden, you have five different equipment loans sitting on the balance sheet.

Jarrod Bridgeman:
And you're not saving any money for retirement and all that.

Brodie Hough:
Exactly. And so then it's just a ball going downhill just getting worse and worse. So I think that's where we're getting at, too, is that even if you are checking all the boxes, that's great, you're getting the tax deduction, but we got to make sure it's best for your long term.

Jarrod Bridgeman:
Well, and I think an important question to ask yourself too, even just outside of those things, is this piece of equipment either A, going to make you money or save you time?

Brodie Hough:
100%. No, absolutely. And that's why we always tell our current clients that we have that it's great if you need a piece of equipment, we'll look at it if what the taxes is going to look like with purchasing that piece of equipment if you need it. If you don't need it, we're not here to chase tax dollars. We don't see the point in spending 100K in this 100K piece of equipment to save maybe 40% at the most. And that's probably on the high end of taxes.

Jarrod Bridgeman:
I think I compared it with Casey in last week's podcast, that's like when you go to the store, especially Christmastime. And if I spend $100, I get free shipping. I only really needed to spend $40. So all of a sudden I'm trying to spend an extra 60 to save 10 bucks.

Brodie Hough:
Yeah, 100%. And there's a gap there that doesn't make sense. We're making sure that gap doesn't exist, and we're saving that money for either, like you said, retirement savings for the practice's cash flow and all that. Yeah.

Kevin Rhoton:
The principle of deduction-driven purchasing is not smart purchasing. One of the mindsets that we really try to work with our practice owners with is getting out of that mindset of my first and foremost-

Jarrod Bridgeman:
So they might have been trained over five, 10, 20 years, that this is kind of the thing to do.

Brodie Hough:
Oh yeah.

Jarrod Bridgeman:
You got to break that habit.

Brodie Hough:
Like what you said, it's a sales rep. It's your CPA or tax preparer. It's from all sides coming at you, all with their individual wants and needs to look better in front of you, and help you out and help their back pocket as well. So it's, yeah.

Kevin Rhoton:
Maybe on the other side of the coin is, okay, if there is an old piece of equipment, you're looking to, probably within the next three, four months, this is going to need to replace the X-ray machine. Okay. Then yeah, let's go ahead and look at toward the end of the year, accelerate that expense, take advantage. I mean, obviously, I know we've been talking about, well, Section 179 might not be able, but if it's there, available, it's a piece of equipment that you do need. Yeah, let's go ahead and accelerate.

Jarrod Bridgeman:
I've heard you guys talk before about this, but in terms of Section 179 and equipment and all that, can you tell me a little bit about bonus depreciation?

Brodie Hough:
So, bonus depreciation is pretty much just another type of method of special accelerated depreciation. And with actually the new big, beautiful bill, as what it's commonly referred to, that's actually been extended out to be 100% bonus depreciation starting next year and we're good to go on that. So it's very similar to Section 179. There's a couple different rules. We don't need to get into all the nitty-gritty of that here on the tax rules, your tax preparers should know those differences, should, between the two, but ultimately they're both just accelerated depreciation methods that ultimately, if ideally used, probably can get you 100% of that equipment, whatever it is, fixed asset purchase to be deductible in that current year.

Jarrod Bridgeman:
Brodie, let's move on to another biggie here, which is like 1099 and 1099 housekeeping. What should owners be doing now to prepare for 1099 season?

Brodie Hough:
No, yeah, that's a great question because that's coming up really quick. And this kind of can go under the weeds a little bit and be missed sometimes, just because you're thinking of the business tax return, you think of your personal tax return that are a little farther down the road, and tax deadlines and all that compared to the 1099 season. So 1099 season is pretty much January. Those are typically due at the end of January to be filed and sent to the IRS, and then sent to the recipient of the 1099 as well. But so I mean, right now people should be starting to gather up how much you've paid people of your independent contractors for the various amount of services that can go into that. But ultimately, it is time to start looking at that. And the threshold to look at is $600 for this current year. So if you pay these people over $600, that is when you're required to file this 1099. It's a very simple filing, shouldn't take that long overall to file. And usually, a tax preparer does this too. It's a pretty simple filing, but-

Jarrod Bridgeman:
As long as you kept good records.

Brodie Hough:
Yeah. Well, that's the key. That's always usually the first hurdle to it.

Jarrod Bridgeman:
Have to go back, oh, who did I pay over the last 12 months? Oh, boy.

Brodie Hough:
Yeah, so usually accountants do this for the most part.

Jarrod Bridgeman:
Let me ask you what happens if you don't prepare those 1099s or slip through the cracks?

Brodie Hough:
Yeah, which is very common, and this can be something that the IRS definitely hones in on. And if you are found to not have filed a 1099, they'll obviously, at that point, IRS will find if they think you've done it on purpose or not, which changes the penalties assessed here dramatically. So if you've done it on purpose, that's obviously going to be a way higher fee. The flat fee, and this is probably the minimum fee it's going to be, it's going to be over 600. I think it's about $660 right now per form that you missed, and that's on the low end, or it can be 10% of what you're supposed to be filed on that form. And then if you're negligent in some way, you're able to prove that, and they agreed with you, the penalties are much less. It actually depends. The penalty is very small, up to $340 at most. It can actually be lower than that if you find that correction and actually correct it sooner than six months after you filed it, but that's getting into the weeds a little bit there, too, but not nearly as bad.

Kevin Rhoton:
I know a lot of practice owners, they'll make some deals with people whether to come in and do some building improvements or whatever those types of things.

Jarrod Bridgeman:
I know a guy.

Kevin Rhoton:
Yeah. Yeah. And we don't have to report that. I'll pay in cash and all that. The official stance is don't do that. It can cause so many issues. Just report it. They should be reporting the income, do everything above board because, like Brodie was saying, when you get into them looking at your books, I mean, they'll come in and they'll want to see your general ledger, you're checking all your statements.

Jarrod Bridgeman:
Your general ledger, your major ledger. Your-

Brodie Hough:
They're going to see every number that's going through. Even the cash and all that, they'll see it.

Kevin Rhoton:
And the pain. I've seen practice owners and anybody, when they have to go through this, it's just a pain. It's time, it's plus the stress, and it's like, okay, for $1,000, $1,500 that you're paying somebody to come in and remodel something or whatever, it's not worth it. Just stay above board, get their W-9 information, send out a 1099, and be done with it.

Jarrod Bridgeman:
Okay. So, leading into this question about the $2,000 threshold, is that because the 660 is changing?

Brodie Hough:
Yeah, that's the Big Beautiful Bill. It's changing up. It's going from 600 to 200 starting next year.

Jarrod Bridgeman:
Now, because of this Big Beautiful Bill, I think that 660 threshold is going up, right?

Kevin Rhoton:
600.

Jarrod Bridgeman:
660.

Kevin Rhoton:
660 is the penalty.

Jarrod Bridgeman:
Oh, is the penalty?

Kevin Rhoton:
For not filing. 600 is the filing.

Jarrod Bridgeman:
Got it. Yes, yes, yes. So 600 currently is the threshold for the 1099 reporting, but that's changing.

Brodie Hough:
Yeah. Correct, that is. It's going up to 2,000 starting in 2026 with the big old beautiful bill. That's one of the major changes. And this is actually be pretty nice for all the 1099 filings, if you're under $2,000 instead of that $600, you do not have to file. So that's actually quite a big of a jump. It's been 600 for years, and the fact that they're building that little threshold there and making it a little higher is very, very nice. So for a lot of people listening to this podcast, probably dealing with practice owners, that probably actually helps out a lot of the temp hygiene you have come in tip assistance coming in to help just one or two days throughout the year or even a week at that point, you're probably not hitting that $2,000 threshold, which makes it a lot easier and a lot less 1099 is being filed, which it's happy for everyone.

Jarrod Bridgeman:
And also, is that a way to kind of streamline the IRS in terms of just less things to go through?

Brodie Hough:
It could be. Very well could be on their side, too.

Jarrod Bridgeman:
In terms of accountable plans, what would you say are some of the most commonly missed tax-free reimbursements you've seen out there for dentists?

Kevin Rhoton:
Practice owners, dentists can reimburse themselves for expenses that they pay personally that are business expenses, maybe partial.

Jarrod Bridgeman:
Like, maybe they brought in bagels for the office?

Kevin Rhoton:
Yeah.

Jarrod Bridgeman:
Or something along those lines. That's a partial, right?

Kevin Rhoton:
For 2025, that's okay. For 2026, that actually gets changed, where if you provide snacks and things for your employees, that is no longer a deductible.

Jarrod Bridgeman:
I love snacks and things. Gosh, dang it. Okay.

Kevin Rhoton:
Meals, legitimate meals from restaurants are still-

Jarrod Bridgeman:
Like a business dinner, okay.

Kevin Rhoton:
But-

Brodie Hough:
Not the run to Costco to go get 30 bags of chips and drinks and all that. Yeah, the snacks portion is not deductible.

Kevin Rhoton:
So buy all those before year-end.

Brodie Hough:
Stock up for the year, yeah.

Jarrod Bridgeman:
Just save them. Throw those bagels in the freezer or something.

Kevin Rhoton:
Things that are reimbursable, definitely mileage. You can reimburse for your personal vehicle. You travel for CE, even you go on supply runs.

Jarrod Bridgeman:
Right. But not driving to and from the office, because that doesn't count.

Kevin Rhoton:
Commute does not count. Things like if you use your personal cell phone, partially. I mean, you can use a portion of that. We don't recommend 100%, but there's a portion that you're using your phone for business. That's acceptable.

Jarrod Bridgeman:
What's another commonly missed taxpayer reimbursement?

Kevin Rhoton:
One that we've seen quite recently and actually will recommend to the practice owners is the Augusta Rule. That's commonly referred to Augusta Rule because it comes from the masters, Augusta, Georgia. When you can rent out your home for up to 14 days and get a write-off on the business side, but not have to claim the income as taxable. So what we do and what we see with a lot of our practice owners is they'll have their holiday party at their house. Now, we do want them to make sure that they have documentation. As with most of these things, it needs to be kind of that arm's-length third party. How would you handle it with a third party? That's how you should handle it.

Jarrod Bridgeman:
Like, give yourself an invoice?

Kevin Rhoton:
Yeah, exactly. Make a rental agreement. What's also required is checking comparable rental rates in your area.

Jarrod Bridgeman:
So you can't just rent to yourself and jack up the price and-

Kevin Rhoton:
Right.

Brodie Hough:
Go, oh, hey, I'm going to give myself 100 grand here that's tax-free. Yeah, that's ...

Kevin Rhoton:
If you'd rent a place for a company party, and it would be a banquet hall, $2,000 for an evening, okay? Invoice yourself $2,000, pay that. The business writes it off. You don't have to report that as income on your side. So that's a pretty nice little business.

Jarrod Bridgeman:
And that comes from Augusta?

Brodie Hough:
Augusta.

Jarrod Bridgeman:
Isn't Augusta the name of the kid from Willy Wonka, the chocolate lover?

Brodie Hough:
I have no idea that one. You went over my head.

Kevin Rhoton:
Augustus?

Jarrod Bridgeman:
Yeah, Augustus.

Kevin Rhoton:
Augustus Gloop.

Jarrod Bridgeman:
Yeah, he gets stuck in the chocolate tube?

Kevin Rhoton:
Yep.

Jarrod Bridgeman:
Yeah. Let's move on to some quick hit topics here, fellows. Brodie, tell me a little bit about overtime premium pay in 2026.

Brodie Hough:
No, yeah, that's a good one to hit on because I think that's been one of the main things from this ... Again, I'm going to refer to it, the big beautiful bill, as overtime pays tax-free. It's been widely spread as kind of one of the main components that's fairly new, or that is a new part of the tax law, I guess, from this new bill. There's some things you need to watch out for on that. It could be definitely optimized for some of our dental practice owners out there. You just have to make sure, and again, this is more on employee side of things too, if they're eligible or not to actually take this, but ultimately the first 12 and a half thousand for a single filer or the first 25,000 for a married file joint filer on the personal return can have their overtime portion of wages tax-free. So when I say that, it's pretty much the overtime pay that's above what your base pay would be. So that's the key part of it. A lot of people, when this first came out, thought, Oh my gosh, that whatever I'm getting for 50, whatever it is, overtime pay per hour, that's all tax-free. No, it's only whatever your normal pay is, that portion above that, that goes towards overtime.

Jarrod Bridgeman:
So it's still limited, but it's more-

Brodie Hough:
It's still there.

Jarrod Bridgeman:
Yeah.

Brodie Hough:
It's still there, but it is a little limited than what originally was stopped when this was first being talked about, and the bill was still in the process of being completed and everything, but that's worth noting. But ultimately, I mean, this could be used to incentivize employees to work a little bit extra and maybe save yourself from hiring another employee in some cases. Something like that. I'd rather potentially just give my good employees now who are doing very well, give them a couple extra hours, give some tax-free income technically, and then I'm still getting the extra production on the backend while not having to hire another employee, which is a whole nother thing of cost. I think that's something that's definitely worth looking into and is a selling point for some of your employees potentially, to try to get them to work a little bit.

Jarrod Bridgeman:
Yeah, get to work, everybody.

Brodie Hough:
Above the overtime threshold.

Kevin Rhoton:
If I can add one more thing on that, with the overtime pay is, if a practice owner uses ADP or one of those larger, well, a good payroll service provider, that's fine. They'll probably record it correctly, just make sure. But we have seen there's some practice owners that handle payroll in-house, and it's very important because of this that they record and report that over time correctly.

Jarrod Bridgeman:
Hey, Kevin, has there been any changes for the next year in terms of sometimes practice owners might hire their teenagers or their older children or whatever it is to maybe come and help with filing or clean the office, take out the trash kind of a thing? Has there been changes in that as well?

Kevin Rhoton:
There have been. First, I do want to hit on employing your children as a practice owner. We see that from time to time, and we're all for that, but again, it really needs to be like you would treat a third party.

Jarrod Bridgeman:
Right. You wouldn't be paying them 50 bucks an hour or whatever the case may be. It's got to be comparable to the normal position.

Kevin Rhoton:
Yep. And they need to be doing something. I have seen some practice owners, oh, they had a baby this year. Can I go ahead and put them on payroll?

Brodie Hough:
Yep.

Kevin Rhoton:
It's an infant. No.

Jarrod Bridgeman:
I would say maybe for modeling for photos, but they don't even have teeth.

Brodie Hough:
Right. Yeah.

Kevin Rhoton:
So yes, the modeling thing can come into that also, but make sure they're actually providing a service for the practice. That's another one of those things where you might get away with it for a couple years, and then all of a sudden IRS comes knocking and opens up a big bag of audit or investigation.

Jarrod Bridgeman:
Big bag of audit. Yeah. Then it's like Rumpelstiltskin. You have to give them your first kid. It gets rough.

Kevin Rhoton:
So that's the first thing we want to make sure. Make sure it's legitimate.

Jarrod Bridgeman:
Legit work and that's actually doing it in some form.

Kevin Rhoton:
Yeah, exactly.

Jarrod Bridgeman:
Yeah.

Kevin Rhoton:
So if you clear that hurdle, then yes, absolutely. There's some big benefits to doing that. And some of the changes, especially with 2026 coming up, is the increase in the standard deduction, which adds to that amount that you can pay your kids that would be tax-free. There's updated kitty tax thresholds that reduces exposure. We won't go into the details on that, but it's just those thresholds have been increased, which increases the benefit for the practice owner.

Jarrod Bridgeman:
So basically a lot of the changes have been made is ways again to save on taxes.

Kevin Rhoton:
Yep.

Jarrod Bridgeman:
Got it.

Kevin Rhoton:
Yeah.

Jarrod Bridgeman:
What kind of documentation do owners need to make this whole idea legitimate? Is this something along the lines of making sure you're following state laws in terms of how much they're working and they're clock-in, clock-out hours? They're not getting paid at one o'clock in the morning when they're 12.

Kevin Rhoton:
Set them up on the payroll, W2, get all their information. Make sure you have a list of duties that they're performing. If there's time cards or submit, time cards don't just blanket.

Jarrod Bridgeman:
Kevin, nobody uses timecards anymore.

Kevin Rhoton:
Electronic. Electronic. Pressing the clock in.

Jarrod Bridgeman:
Yeah.

Kevin Rhoton:
I actually had one of those.

Jarrod Bridgeman:
Actually, Kevin first started working when they rang the bell for the data end, it was like a pterodactyl they pulled on.

Kevin Rhoton:
I remember Flintstones. Yep. That's a good callback.

Jarrod Bridgeman:
Thank you. Thank you.

Kevin Rhoton:
So yeah, not physical time cards, but yeah, electronic.

Jarrod Bridgeman:
Just giving you a hard time, Kevin.

Kevin Rhoton:
I know.

Jarrod Bridgeman:
We're going to wrap this up, folks. I know this is a little longer episode, but obviously, you've been entertained because I am still here and not fired. Guys, what is one thing that every dentist should double-check before December 31st? If you both have something different, I want to hear it.

Kevin Rhoton:
Okay. For me, it's making sure that you have backup for all of the expenses, deductions that you have. Again, they might not come asking, but-

Jarrod Bridgeman:
When they do.

Kevin Rhoton:
Yep.

Jarrod Bridgeman:
If and when they do.

Kevin Rhoton:
And it's not like, oh, it'll be an audit, but there's a lot of times where practice owners will get a notice from the IRS and to substantiate certain expenses. Just make sure you have, as you're going into year end and even the first part of next year preparing for the taxes, it's making sure you have the documentation, whether it's for mileage, whether it's for the Augusta rule, getting all that information and just put it in a 2025 tax file on your computer and just have that ready just in case. One to give to your tax preparer and one to be able to substantiate those expenses.

Jarrod Bridgeman:
Okay. Brodie, were you going to say the same thing, or did you have something different?

Brodie Hough:
No, that's a very good one from Kevin. My thought process at first went right towards just almost having your ducks in a row, making sure, which I guess this is kind of along the same lines as Kevin, but I just took a different role with it.

Jarrod Bridgeman:
You think you should get the ducks in a row, and then Kevin says to copy them.

Brodie Hough:
Yeah.

Jarrod Bridgeman:
Yeah. I mean-

Brodie Hough:
Basically.

Jarrod Bridgeman:
Yeah.

Brodie Hough:
But on top of that, just have those deadlines in the back of your head written down somewhere, just so you're aware of it. I know a lot of people extend returns and all that, but being able to get that stuff done earlier in the year-

Jarrod Bridgeman:
And not have to worry about it and stress for months on end.

Brodie Hough:
100%. The stress on that stuff just weighs on you. And I think I've noticed it with our clients. As soon as that gets done, I mean, for both sides, for us and for the client, they know, okay, that's the tax bill. If there was a bill, oh, okay. We came right where we wanted to be. We're just barely above net-zero. We're getting a small refund. We optimize this year. Great. We got that done in April, and we're good to go. Then it's let's focus on the practice. Taxes will come in another year.

Jarrod Bridgeman:
Speaking of another year in April and all that kind of stuff, any big deadlines that owners should be preparing for now?

Kevin Rhoton:
Yeah, a couple. One, the December 31st deadline of making sure your W2 wages with retirement withholdings are maximized. You have to do that before the year-end. That's not one of those things you can go back and adjust after year-end. Got your January 15th, fourth quarter estimate due. Try to hit that. If you don't hit that, and you owe a significant amount of taxes or some penalties, that can come in.

Jarrod Bridgeman:
And then the end of January, you got the 1099 stuff.

Kevin Rhoton:
1099 stuff. Yeah. January 31st, 1099.

Jarrod Bridgeman:
That's a lot of things within a 30-ish day period.

Kevin Rhoton:
Yeah. Welcome to the government.

Jarrod Bridgeman:
Welcome to the government.

Kevin Rhoton:
March 15th is the business tax return filing deadline. And April 15th, of course the-

Jarrod Bridgeman:
The actual taxes.

Kevin Rhoton:
The individual.

Jarrod Bridgeman:
Yeah. All right. Guys, thank you so much for coming in today. As usual, you helped me break down taxes in a way that sort of makes sense to me at least. And the practice owners-

Kevin Rhoton:
That's a win.

Jarrod Bridgeman:
It is a win.

Kevin Rhoton:
That's a win.

Jarrod Bridgeman:
If you're a practice owner-

Brodie Hough:
Especially for you, Jarrod. That's a win.

Jarrod Bridgeman:
And you might have a more business-minded mind than I do. If all of this was still kind of gobbly-gook to you, you know what? You might need to update who your CPA is and who your team is. So obviously go to fourquadrantsadvisory.com and check us out. Feel free to fill out a form, and we'll reach out to you.

If you're looking to attend one of our events coming up, we just got done being in Florida. We're done for the year. But starting in mid-January in 2026, we're going to be in Frisco and Fort Worth, Texas. We're going to be at the Yankee Dental Congress, where Casey will be presenting at the Congress. And then the night before that, we'll be in the area hosting a whole fun social event. After that, we're going to be in Birmingham. We're going to be in Fair Hope, Alabama. We're going to be in Rogers, Arkansas, and Little Rock, Arkansas, all kinds of places coming up.

Brodie Hough:
Nice.

Jarrod Bridgeman:
So yeah, nice. Yeah. A lot of them. So check us out. And if you want to register for one of those events, do it. Okay? Sign up, come see us, and learn something for once.

Brodie Hough:
Yeah, absolutely.

Jarrod Bridgeman:
Thanks, guys.

Brodie Hough:
Thank you.

Kevin Rhoton:
Thank you, guys.

Announcer:
That's all the time we have today. Thank you to our guests for their insight and for sharing some really great information. And thank you to you, the listener, for tuning in. The Millionaire Dentist Podcast is brought to you by Four Quadrants Advisory. To see if they might be a good fit for you and your practice, go on over to fourquadrantsadvisory.com and see why, year after year, they retain over 95% of their clients. Thank you again for joining us, and we'll see you next time.