From Dentistry to Financial Clarity: Strategic Tax Planning | David Scott & Tim Galica
What are successful practice owners doing differently? It’s rarely one big move. More often, it’s financial clarity — knowing exactly what your numbers mean and using them to make better decisions, year after year.
This practice-owner-focused session shows what sophisticated financial and tax planning actually looks like inside a thriving dental practice. Through a real-world case study, Scott CPAs partners David Scott and Tim Galica walk through how the right structure and proactive oversight drive stronger profitability, lower uncertainty, and greater long-term wealth.
What financial clarity really looks like
Most owners don’t lack effort — they lack a clear, forward-looking view of their finances. When accounting and tax planning stop being a once-a-year scramble and become an ongoing strategy, everything downstream gets easier: pricing, hiring, growth, and the eventual exit.
Using a real practice as the example, this session breaks down how clarity translates into results:
- See the full picture — the key components of strategic financial accounting and tax planning inside a forward-looking practice.
- Get ahead of your numbers — how proactive oversight improves profitability, reduces uncertainty, and supports sustainable growth.
- Make sharper decisions — where better financial insight strengthens practice value and long-term owner wealth.
- Turn planning into an advantage — so every decision compounds instead of catching you by surprise.
The result is a clear model you can bring back to your own practice — one that connects day-to-day financial decisions to lasting wealth creation. It starts with clarity, and it always should.
Objectives:
- Recognize the key components of strategic financial accounting and tax planning within a forward-looking dental practice.
- Understand how proactive financial oversight can improve profitability, reduce uncertainty, and support sustainable growth.
- Identify opportunities to strengthen financial decision-making, practice value, and long-term owner wealth.
About the Speakers
David Scott
David Scott, CPA, CVA, CEPA, CGMA is a Partner at Scott CPAs, a well-respected boutique accounting firm based in Roseville, California. Since becoming Partner in 2005, David has led the firm through steady growth and strategic expansion, earning it consistent recognition as one of the Top Accounting Firms in the greater Sacramento region for over 15 years. He inherited the firm from his late father, Rick Scott, and brings deep expertise across tax, accounting, business valuation, and financial consulting. A licensed CPA since 2003 with a Bachelor’s in Accountancy from the University of San Diego, David also holds the CVA, CEPA, and CGMA credentials. Earlier in his career he worked at firms including Arthur Andersen, LLP and taught at UC Davis. Outside the office, he enjoys time with his two daughters and stepson — often at soccer games or by the pool.
Tim Galica
Tim Galica, CPA is a Partner at Scott CPAs with over fifteen years of experience advising business owners and individuals on complex tax matters. He focuses on tax planning, tax controversy, and strategic advisory services, with a passion for helping clients understand complicated tax issues and make confident financial decisions. An active member of the AICPA, Tim holds the elite Personal Financial Specialist (PFS) credential and a Master of Science in Taxation (MST) from the University of Cincinnati. Outside the office, he enjoys time with family, supporting his kids at youth sporting events, and staying involved in the local community.