Category: Dental CPA Blog

The IRS has released the 2014 optional standard mileage rates that employees, self-employed individuals, and other taxpayers can use to compute deductible costs of operating automobiles (including vans, pickups and panel trucks) for business, medical, moving and charitable purposes. The 2014 standard mileage rate is 56 cents per mile for business uses and 23.5 cents…Read More→

Here is another guest blog from our client Dr. Don Lurie. It seems to me that in this season of the year, our thoughts should turn to the ideals and morals of our history, of our parents and grandparents and even of the faith that has united and nourished us.  We all hear the expression…Read More→

A Bike Sharing Program Isn’t Mass Transit Employee Benefits—Bike Sharing: Expenses an employee incurs by participating in a “bike share program” do not qualify for the favorable tax treatment provided for qualified transportation fringe benefits. According to IRC Sec. 132(a)(5), employers that provide their employees with transportation benefits can exclude those benefits from employees’ gross…Read More→

Here is another guest post from our client, Dr. Donald Lurie. It seems to me that part of the continuing attempt to refresh and recharge our enjoyment of practice is the chance to be a mentor.  In these times, there is an obvious decrease in the ability to sit back and enjoy the practice of…Read More→

Lately we have been hearing from dentists and associates about the feasibility of creating a 50/50 partnership. Before this is contemplated there are some questions to be answered and considerations to be weighed. Here are a few that we feel are important:   Is your practice large enough patient base wise for two full-time doctors?…Read More→

 This is a guest post from our friends at the Dental Attorneys. Putting the final touches on a lease agreement you just negotiated, with what you believe are very favorable terms, is a time to celebrate. Dream office. Great location. Generous tenant improvement allowances. In fact, you’re feeling great and you want to shout with…Read More→

Here is another guest post from our friends at ETS Dental by Tiffany Worstell. I feel like I should start a support group with this introduction, but… Hi, my name is Tiffany and I suffer from horrible work/life balance.  I work full time, am taking classes online, and I am raising two kids.  Throw into the mix…Read More→

Here is a guest blog from our friend Sandy Pardue who can be reached at info@classicpractice.com or by phone at (800) 928-9289. When a patient says, your fees are too high show surprise and say, Our fees are too high? and wait for their response to see what they have on their mind. Sometimes people do not say…Read More→

Here is another guest post from our client Dr. Lurie on his “Mistakes Made and Lessons Learned”. It seems to me that in the course of practice, there comes a time to charge the batteries and change the scene. This can be both physical as well as mental (emotional). Allow me to ramble on this…Read More→

This is a guest post from our friend Morgan Pace at ETS Dental. Finding a new associate position can be a daunting process for both new and experienced dentists. While making a good impression on an interview is important, it is equally important to learn as much as possible about the practice. Here is a…Read More→