Money

Where is your retirement income going to come from?
Where is your retirement income going to come from?A look at how dentists from all over the country are planning for retirement, why you need to start saving early for retirement and the best ways to be prepared for your retirement.
What President Trump means for your taxes
What President Trump means for your taxesA discussion of what is to come during Trump's presidency and how taxes will be affected.
Startup vs: acquisition: What’s your best option for practice ownership?
Startup vs: acquisition: What’s your best option for practice ownership?Doctors considering practice ownership are often faced with the complex choice between a startup practice or an acquisition.
The dentist and Donald Trump
The dentist and Donald TrumpComparing Donald Trump’s tax to dental practice income and the dentist’s tax.
The latest trends in dental practice accounts receivable
The latest trends in dental practice accounts receivableAlthough collecting payment from delinquent patients may be uncomfortable, it is a necessary part of keeping a practice healthy. This paper examines trends in accounts receivable and how accounts receivable balances have changed since 2011.
3 things dentists need to know about year-end purchases
3 things dentists need to know about year-end purchasesWith year-end approaching it is time for dentists to think about making equipment and technology purchases if they want to expense (depreciate) those assets on their 2016 tax return. While the rules for depreciating equipment have changed dramatically, one thing remains constant. Equipment must be “placed into service” before any depreciation may be taken.
Dental practice transitions including employment agreements
Dental practice transitions including employment agreementsDental practice transitions many times include a seller who wants to discontinue working as a dentist and a buyer who feels that he or she can dramatically improve the bottom line of the retiring dentist.
Should your staff understand your dental practice's financials?
Should your staff understand your dental practice's financials?Should your staff understand your practice’s financials? The short answer is yes. How can your team appreciate the effects of their actions unless they do?
The biggest mistakes dentists make: Not having a tax-based estate plan
The biggest mistakes dentists make: Not having a tax-based estate planOne of the biggest mistakes in the realm of personal financial management is not having an estate plan created by an expert in estate tax.
5 best practices for fee schedules in the dental practice
5 best practices for fee schedules in the dental practiceInsurance experts Teresa Duncan and Bridget Fay break down the things you need to know about insurance in the dental practice.