Category: Dental CPA Blog

Our friends at Group Benefit Services (GBS) have alerted us to a new fee generated through the new healthcare act. For more information, contact Kelly Ann Dixon-Nachodsky and/or your CPA. As part of the Healthcare Affordability Act, sponsors of insurance plans are required to pay a fee each year for the next couple of years…Read More→

Here is a another guest blog from our friend Tim Girard of RK Tongue. Over the last several months, your hygienist Jennifer, has been difficult employee. She has missed several days of work, has taken unscheduled vacations on short notice, and is late for work more often than not. In addition, her performance has steadily deteriorated…Read More→

Here is another guest post from Morgan Pace of ETS Dental. Whether you are a dental student, an exiting resident, or just returning to the job market, the task of finding an associate dentist position can be daunting. This is an attempt to provide a centralized resource to help you land a job. For more…Read More→

My wife travels once or twice a week to our removable lab 185 miles round trip, as well as travels to the nearest large city 85 miles round trip for supplies for the office once or twice a week.  I bought an old beater for 2300 dollars a couple of years ago that just died…Read More→

Here is a another guest blog from our client Dr. Lurie.   It seems to me that there is a danger to dentistry that usually is never addressed.  This pertains to isolation and lack of socialization.  Dentistry by its’ very nature is singular in that the doctor practices within himself to the very best of…Read More→

Here is another guest blog from our client Dr. Lurie It seems to me that each person has a different reason or need to retire.  In my case, retirement came about due to age and illness.  My body told me that it was time to retire. As I stated in my in an earlier blog,…Read More→

In case you haven’t heard, there were some significant income tax law changes effective January 1, 2013 and for the most part, income taxes went up. Why is this important for buyers? You see, some folks who place prices on practices will use the profit and loss reports from the most recent year. Now sometimes…Read More→

  These are my top five examples of how proper due diligence can avoid the overpayment for a practice, or worse, a buyer having to claim bankruptcy! 1. Missing dental supplies – Normalization, good intentions, bad results I gathered the information from the seller’s advisors and prepared my analysis worksheets. I noticed there wasn’t a…Read More→

  This is a guest post from one our earliest dental clients. It seems to me there are a lot of things about retiring from dentistry that need to be addressed. Having been in retirement for 2 years following 50 years of active practice in the specialty of Oral and Maxillofacial Surgery, the lesson to…Read More→

  I was hoping for some recommendations for how to pay my Endodontist.    We are a GP practice, and for the past year we’ve hired an Endodontist to work a couple days a month for us. We have given him 37% of production of his specialist fees; however recently he wanted to know if…Read More→