Category: Dental CPA Blog

Here is another guest post from our friends at ETS Dental. Associateships begin and fail everyday. Why do they fail so often? A simple way to answer this is that either or both sides failed to meet expectations.More specifically, the expectations were never even laid out at the beginning, so one side was letting down the other…Read More→

  This is a guest post from our friends at Bowie and Jensen law firm. Many employers may be surprised to learn that their personnel policies and procedures may actually violate the National Labor Relations Act, especially if they operate in a union-free environment.  Here are the top concerns employers should be made aware of…Read More→

Here is another guest post from our friends at ETS Dental, authored by Tiffany Worstell. We all know the effects that cigarette smoking has on a person; it has been shown for years in the media.  We have seen the yellowing teeth, bad breath, wrinkles, and probably know individuals that have had even more detrimental health…Read More→

I’ve heard people buy or lease cars on their business. How? You buy it and title under entities name, not yours. That’s the simple answer.The better question is “why?” I was only thinking if it can be use as a deduction or write off. If used for business it can no matter how it’s titled……Read More→

A dentist recently asked us what the typical overhead percentages should be for an office by categories. Here are two helpful spreadsheets we came up with: Dental Overhead Benchmarks (based on production) and a Dental Overhead Benchmarks (based on collections). For more information, please contact info@dentalcpas.com   Follow us on Twitter, Facebook and Pinterest – sign up for our newsletter

  I saw the following quote today and it reminded me of what a client told me last night regarding this payroll company (that they’re now suing.) “on top of that when you are buying a practice and looking at student loan payments you look at what will be the cheapest route“My client reminded me last…Read More→

While talking to the many dentists who attended the Nation’s Capital Dental Meeting, a theme is emerging. Many associates are exploring scratch start ups rather than looking to purchase an existing practice. It makes sense. Many established dentists are holding on to their practices longer (recouping some of the losses from the economic downturn), even…Read More→

Here are some recent tax court rulings:   Income Tax—Private Coaching Activity Is Not a Hobby: The taxpayer was an assistant track coach at Oregon State University, an athletic coach for Nike, and had long been involved with coaching and other activities connected to track and field. He began private coaching activities in addition to teaching…Read More→

  Here is a guest post from +Mike Pedersen. I’m amazed at the hundreds of dental websites I have looked at that are difficult to navigate, make me work to take action, and are basically wasting air space on the Internet. If you have a website already, I want you to really take a look at…Read More→

  I was wondering if a washer and dryer is a deductible expense.  I work as an associate as an employee, as well as working at a nursing home once a week as a sole proprietor.   A practice that purchases a washer and dryer to have in their office for cleaning staff laundry is certainly deductible.If…Read More→