Dental Professionals Tax Deduction

The Domestic Production Activities Deduction is a deduction for manufacturers and is intended to provide tax incentives for businesses that produce goods or work in the United States rather than sending that work overseas. As a dentist or orthodontist, how do I qualify? Is part of you

New Lessee Accounting Requirements

Does your company currently operate as a lessee under one or more leases? If so, your company’s financial statements may be affected by the impending changes made official by the Financial Accounting Standards Board (FASB) this past February. Prior to implementation of the new s

When to Hire an Associate for Your Dental Practice

You are working harder than ever before, but there does not seem to be enough hours in the day to get it all done. On top of that, you are potentially thinking about calling it a career and are looking for someone to take over your practice. Is it time to bring in an associate? Overlo
tax deductions

What To Avoid When Starting A Dental Practice

Starting your own dental practice is an exciting venture, but it’s easy to make mistakes that can cause the practice to fail. Take this chance to learn from the mistakes of others so you can avoid making them yourself. Here are five common errors that dentists make when starting their

Should I Buy or Lease My Dental Practice Space?

One of the most difficult decisions you face when operating your dental practice is choosing between buying or leasing your practice space. There are pros and cons to both options, and you must weigh them up front with care. Here are some factors to consider when deciding whether to b