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Drilling It Down

Drilling It Down

Auteur(s): Wes Lyon
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 More dentists than ever are seeking out independent, objective, financial advice. In a world recently flooded with private equity money, lower dental insurance reimbursements, and questionable tax advice, it can be tough to see through the fog and answer the most important question, how can a dentist make more money? Join your host Wes Lyon as he helps you see clearly through the fog of dental office financials, allowing you to concentrate on delivering quality dental care. Wes prides himself in offering independent, uncensored, objective advice to help dentists increase practice profitability, make better practice management decisions, and improve their personal financial planning. Whether you’re a recent graduate, new owner, in the stride of your career, or considering a transition into retirement, the Drilling It Down Podcast will help you make more money, pay less tax, and reach financial independence earlier. About Us The McGill & Hill Group is an independently owned one-stop financial services resource for the dental profession, based on their "every step of the way" team approach. Their team offers financial consulting services and continuing education seminars exclusively for dentists nationwide. Throughout the years more than 30,000 doctors nationwide have trusted The McGill & Hill Group for objective advice to reach their financial goals. Aside from their consulting, transition, and continuing education services, the group also publishes The McGill Advisory, a dental business newsletter that offers valuable insights for all dentists. The McGill Advisory provides strategies and advice to help minimize federal and state income taxes, maximize practice profits, reduce overhead expenses, and create and protect your wealth. Membership includes monthly issues, searchable archives, special reports and bulletins, Q&As, financial calculators, forms, guides, letters, and more! Wes and his guests are experienced dental advisors specializing in tax planning, business planning, financial planning, wealth management, and practice transitions, who take pride in providing independent advice that puts the independent dentists’ best interests first. Host Biography Wes Lyon: Wes helps dentists and specialists across the country achieve financial independence by improving practice profitability, slashing income taxes, managing dental insurance exposure, and making better personal financial decisions. Wes serves as President & CEO of Lyon Publishing Inc., President & CEO of McGill and Lyon Dental Advisors, and Managing Partner of Lyon Wealth Advisors Group, LLC. He is a highly sought after speaker making regular appearances at industry events, study clubs, podcasts, and McGill & Hill Group seminars. Wes is also published in other editorials periodically and writes a Financial Management column for the Academy of General Dentistry. Before entering the dental consulting world, Wes worked in institutional investment management. Prior to that, Wes was a financial advisor specializing in helping small business owners with their personal finances. Lyon Publishing, Inc., publishes the McGill Advisory, a monthly newsletter providing the latest information dentists must know, including tips on slashing your taxes, improving your financial planning, increasing your profits, and protecting your wealth. In addition, Lyon Publishing produces webinars and podcasts providing an independent and uncensored view of breaking news and hot topics. Be sure to visit www.McGillAdvisory.com to subscribe. Use code Podcast20 for 20% off your initial year. McGill and Lyon Dental advisors is a consulting firm providing dentists and specialists independent, objective financial advice as it relates to tax planning, business planning, and financial planning. McGill and Lyon Dental Advisors was founded in 1983 by Dr. Charles Blair and John K. McGill. Since then, the company has helped over 1,000 dentists reach their financial goals while paying the least amount of taxes required through their tax, business, and financial planning service. Lyon Wealth Advisors Group, LLC is a full service wealth management firm that helps doctors protect their wealth, improve investment management outcomes, and maximize financial planning outcomes. Wes found that many dentists would receive differing advice from their CPA and Financial Advisor. In order to minimize this confusion and help doctors reach financial independence as quickly as possible, he founded Lyon Wealth Advisors Group, LLC to help dentists with their wealth management needs. www.McGillAdvisory.com www.McGillHillGroup.comCopyright 2025 Drilling It Down Développement commercial et entrepreneuriat Entrepreneurship Finances personnelles Gestion et leadership Économie
Épisodes
  • One, Big, Beautiful Bill Update: How Will It Affect You?

    One, Big, Beautiful Bill Update: How Will It Affect You?
    Jul 15 2025

    Today's episode of Drilling It Down highlights Trump's One, Big, Beautiful, Bill and some of the impacts it will make to the tax law. Wes and Mario highlight the changes that will affect dentists' tax bills, some of the entertaining provisions of the bill, and how Trump did compared to promises he made during his election campaign. Tune in to discover how this will affect you!

    Charlotte Seminar: https://www.mcgillhillgroup.com/Seminar/4302/The-Roadmap-to-Financial-Wellness-and-Practice-Success

    Want to submit a question that will be answered on the next episode? Submit it here or email us at newsletter@mcgillhillgroup.com.

    If you're not already, subscribe to The McGill & Lyon Dental Advisory newsletter to keep up with all the articles mentioned in our episodes, as well as a plethora of other content. Use code Podcast20 for 20% off!

    Listen to our sister show, Next Gen DDS! An all-in-one resource for dental students, residents, and early career doctors, discussing both clinical and business aspects of dentistry, hosted by Wes Lyon and Dr. Scott Menaker.
    Voir plus Voir moins
    33 min
  • The One, Big, Beautiful Bill

    The One, Big, Beautiful Bill
    May 21 2025

    Drilling It Down is back in our brand new studio! Thank you for bearing with us as we work through all our technology upgrades!

    Today, Wes and Mario sit down to talk about a proposed tax bill, named "The One, Big, Beautiful Bill." Please note that this is just a proposed bill, and not set in stone yet. Mario and Wes discuss what MAY change for Americans if this bill is passed. Some changes include tax rates, 100% bonus depreciation, eradicating of clean vehicle credits, and more. While changes most likely won't be major, tax planning will become more important if this bill is passed, so make sure you're aware of all possible changes!

    Want to submit a question that will be answered on the next episode? Submit it here or email us at newsletter@mcgillhillgroup.com.

    If you're not already, subscribe to The McGill & Lyon Dental Advisory newsletter to keep up with all the articles mentioned in our episodes, as well as a plethora of other content. Use code Podcast20 for 20% off!

    Listen to our sister show, Next Gen DDS! An all-in-one resource for dental students, residents, and early career doctors, discussing both clinical and business aspects of dentistry, hosted by Wes Lyon and Dr. Scott Menaker.
    Voir plus Voir moins
    49 min
  • Avoid Inflated Sale Leaseback Arrangements in Commercial Real Estate

    Avoid Inflated Sale Leaseback Arrangements in Commercial Real Estate
    Feb 4 2025

    On this episode of Drilling It Down, Wes and Tyler return to explore the intricacies of sale-leaseback arrangements, focusing on the dangers of inflated leases. Drawing parallels with the Toys R Us saga following its private equity buyout, they discuss how companies opt to sell real estate for immediate cash, often leading to financial downfall. They break down the pros and cons of sale-leasebacks, underscoring the risks when companies overreach in pursuit of capital. Tyler emphasizes robust research for potential commercial investments, warning against the traps of inflated rents and the perils of uninformed property acquisitions. They highlight the necessity of local market expertise, cautioning listeners to consult seasoned brokers rather than relying solely on online listings for viable deals. The conversation also touches on the pivotal role of cap rates and interest rates, offering insights into evaluating leases for long-term success. Wes and Tyler adeptly guide listeners through the complexities of commercial real estate investing, providing crucial lessons and strategies to avoid costly pitfalls. Their discussion arms both seasoned and aspiring investors with knowledge essential for safeguarding their financial future.

    Want to submit a question that will be answered on the next episode? Submit it here or email us at newsletter@mcgillhillgroup.com.

    If you're not already, subscribe to The McGill & Lyon Dental Advisory newsletter here to keep up with all the articles mentioned in our episodes, as well as a plethora of other content. Use code Podcast20 for 20% off!

    Listen to our sister show, Next Gen DDS! An all-in-one resource for dental students, residents, and early career doctors, discussing both clinical and business aspects of dentistry, hosted by Wes Lyon and Dr. Scott Menaker.
    Voir plus Voir moins
    22 min
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