Cain Watters reviews the Qualified Business Income (QBI) deduction that allows flow through entities, such as S Corporations, partnerships and Schedule C filers, to exclude up to 20% of the flow through income from the taxpayer’s taxable income.
As part of a collaboration with business analytics provider, Gaidge, after each calendar quarter and full calendar year the AAO receives and shares with members key metrics compiled from a subset of Gaidge client practices.
The AAO and the AAO Foundation were very saddened to learn of the July 28 passing of Robert W. Hazel, who retired in 2018 as executive vice president of the Foundation after 26 years of work on fundraising initiatives to support orthodontic faculty.
AAO members have represented the AAO in four virtual meetings with Senators over the past few weeks including Sen. Susan Collins (Maine), Sen. Cory Gardner (Colorado), Sen. John Cornyn (Texas) and Sen. Mark Warner (Virginia), and Sen. Bill Cassidy (Louisianna).
AAO leaders and members faced unusual challenges during 2019-20. Nonetheless, with expert leadership and a dedicated team, we finished the year with many successful efforts addressing the needs of members and the specialty and adding value to membership.
The AAO is taking another step forward in supporting the specialty by investing in advancements in patient care via its Innovation and Transformation Fund. The Fund's second investment has been made in the KLOwen Custom Braces System.