We are committed to helping you achieve financial success within your medical and dental practice and understand the challenges that practitioners face within the industry, such as increasing costs, healthcare reform and decreasing reimbursements. As a result, we provide you with industry-specific business expertise and work with you throughout the year to deliver the tools, resources and ideas you need to build and maintain a thriving practice.
With extensive experience in the medical and dental industries, we are familiar with your day-to-day operations, overhead structure, billing routines and staffing requirements and can provide deep insight and analysis to support the success of your practice. Let us handle the accounting so you can focus on what’s important to you—your patients and your practice.
If you’re like many self-employed business owners, you may be tempted to stick to the tried-and-true tax deductions (your home office, if you have one, office supplies, mileage, meals, etc.) when doing your taxes. However, one important money-saving advantage of working with a tax professional is they can identify lesser known deductions that you may be entitled to, but are unaware of.
Now that President Trump has signed the new tax law, it’s time to look at how the new changes to the tax code, also known as the “Tax Cuts and Jobs Act,” may impact individuals and businesses. Below is a summary of the major changes that may impact you:
With the Tax Cuts and Jobs Act reportedly headed for the President's desk shortly, you may be asking what you can do before year-end to best position yourself for tax savings, and to avoid or soften the impact of disappearing deductions. The following offers year-end moves that can accomplish those goals.