Resources & Blog

An IRS audit does not announce itself months in advance, and the practices with the most to lose are the ones that have been running on informal systems, scanning receipts into a folder with no structure, or assuming their accountant has everything covered without ever confirming it. For dental practice owners in Pennsylvania, the stakes […]

Buying a Dental Practice in Pennsylvania: What You Need to Evaluate First Buying a dental practice is one of the most significant financial decisions a dentist will make, and the practices that create the most problems for buyers tend to be the ones that looked the most straightforward on the surface. A strong patient count, […]

The final months of the calendar year are when the gap between a reactive tax approach and a planned one becomes most expensive. For dental practice owners in New York, the decisions made between October and December carry real consequences: how much income is deferred, which equipment is placed in service, how compensation is structured, […]

The decision to bring on an associate dentist is one of the most consequential structural changes a practice owner can make, and it is one that tends to get made either too early or too late. Made too early, the associate generates production that cannot cover their compensation and the added overhead, eroding the profitability […]

Running a dental practice in New Jersey is one of the most demanding financial balancing acts a professional can face, and retirement savings are often the first thing that quietly falls behind. Between covering payroll, supplies, equipment, and the unpredictable costs of keeping a practice running, many dentists reach their mid-career years with a retirement […]

A dental practice can stay busy for years without actually being profitable, and that gap between activity and financial health is one of the most dangerous places a practice owner can find themselves. Chairs full, schedules packed, and yet the numbers at the end of the quarter do not reflect the effort going in. If […]

Few financial decisions in a dental career carry the weight of a full office buildout. The costs add up fast, the commitments are long-term, and the tax treatment of those costs can vary significantly depending on how the buildout is structured, when it is completed, and how your practice is organized. The question of whether […]

Should You Buy or Lease Your Dental Office in New York? Key Advisory Insights For a dental practice owner in New York, the question of whether to buy or lease office space is rarely straightforward. The market varies dramatically from a Manhattan suite to a suburban Westchester or Long Island location, the financing structures are […]

The entity structure you choose for your dental practice is one of the most consequential decisions you will make as a business owner, and it is one that most dentists make once at startup and never revisit. The wrong choice at the beginning can mean years of unnecessary tax liability, limited protection of personal assets, […]

New York Capital Costs Tax Credit Application Period Is Now Open. New York Governor Kathy Hochul has announced the application period for the COVID-19 Capital Costs Tax Credit Program is now open. The program provides tax credits for eligible taxpayers of up to 50% of eligible COVID-19-related expenses incurred in 2021 through 2022. Eligible expenses […]