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

The True Cost of a Bad Hire

As a business owner or office manager, you know the headache of hiring new employee.  Basic hiring tasks, such as advertising, sorting through resumes and checking references, all take valuable time and resources.  Add to that the time and cost associated with orientation and training

3 Ways You’re Giving the IRS Money When You Shouldn’t Be

Are you giving the IRS too much money?  While you can’t legally avoid paying taxes, you can avoid these common mistakes and keep more money in your pocket instead of Uncle Sam’s. 1. Not Having Enough Taxes Withheld Even though tax returns are due on April 15th, you’r

Your 2016 Tax Calendar

At BWTP, we pride ourselves on being your resource for all things tax and financial.  Below is the tax calendar for the rest of this year.  It will go by faster than you know, so be sure you keep this information handy!  Below are some important dates to remember: 2016 Tax calendar Ju

Tax Benefits of Employing Your Family

Running a small business usually means employing people you know.  Employing family members can have its ups and downs. Family members may not feel compelled to work as hard or show up on time, but if you can get past some of these issues, the tax benefits are clear. When you hire out