Category: Dental CPA Blog

This is a guest post from our friend Kim Grimsley, an intellectual property attorney at Oliver & Grimsley. We meet a lot of clients that fail to obtain a written agreement, or blindly sign the form provided by the developer – and when a dispute arises, only too late realize the problems created by that…Read More→

Here is another guest blog from our client Dr. Lurie. It seems to me… the role of the wife (spouse) in a dental practice has not been discussed enough.  We take it for granted that the husband and wife are on the same page, but this is not necessarily so and has cropped up in…Read More→

Run your practice like you did when you first owned it.  Do you remember when you first purchased your practice and cash was tight?  You had a huge loan payment, payroll to worry about, equipment to purchase, and a waiting room that needed some final touches.  You not only knew your daily production, you knew…Read More→

Here is guest post from our friend Mike Limsky, Esq.  Without proper planning, dentists may find themselves at odds with their own employees. The potential problems are many and include misunderstandings, resentments, and even lawsuits. As a Maryland attorney with 25 years of experience representing dentists and other medical professionals, I have seen firsthand the…Read More→

One of our dental clients received a letter recently from Getty Images demanding a settlement payment for using Getty’s images without a valid license. I was asked if it was legitimate. Yes, it is. Call it what you like, scam, extortion, mean spirited, etc… It doesn’t matter – the law is on Getty’s side. They have all…Read More→

Here is another guest post from our client Dr. Lurie. The “Team of Retirement” includes:             The Accountant.   He is the Chairman of the Board.  In my opinion, the doctor is on the board, but the team as a whole makes the key decisions that generate and govern the progress of the practice.  He is…Read More→

On July 26, 2013 Paul Naden, CPA, JD, decided to join the great dixieland band in the sky. While he was with us, he touched many lives with his humor, wisdom, practical advice and most importantly, his friendship. We have created a page to honor his memory as well as celebrate his life, Remembering Paul…Read More→

Recently, a wide variety of folks posted information about how to value a dental practice on Dentaltown. I can only say my perspective comes from hundreds (if not thousands) of valuations of practices for purchase. You can get some really good information from P&Ls, do not ignore them. Always begin with tax returns and support…Read More→

(As Tim Lott was rambling through the woods – as he often does – he thought of this blog post). I was enjoying my morning hike today and this question came to me out of nowhere. First let me state unequivocally I have very little knowledge of the intricacies of websites, how they operate and…Read More→

This is another guest post from our client Dr. Donald Lurie. It seems to me that staff meetings and office planning are difficult and at best, one of the areas that I disliked the most.  To carry it a step further, this same planning and meeting is necessary while contemplating retirement, finances, future activities and…Read More→