BlogPosts

Tax Changes To Watch For in 2018
2018 taxpayers will see many changes related to individual taxes due to the “Tax Cuts and Jobs Act” passed in December 2017. Many of the provisions in the new law expire (sunset) January 1, 2026. The changes affecting most individual taxpayers include:1. The new “simplification law” keeps the same...  Read More
Should You Acquire a Dental Practice or Start From Scratch
Owning a dental practice is a goal of most dentists, in fact it’s the American Dream to have ownership of something.  So, how do you get there and what do you need to think about first?  For dentists, the first decision is whether you should begin an acquisition of an existing practice or create a...  Read More
Tax law generally treats mutual fund shareholders as if they directly owned a proportionate share of the fund's portfolio of securities and you must report as income any mutual fund distributions, whether or not they are reinvested. Thus, all dividends and interest from securities in the portfolio,...  Read More
What are excess distributions?
A common question from dentists is “How much money can I take out of the business?” We like to make sure business owners know what they are allowed to take out by educating them. After all, it is their hard-earned money. Before we get into the nitty-gritty of this, I would like to point...  Read More
Why You Need Certain Information for Your Due Diligence – Part I
I decided to write this blog series mainly because of the pushback we get from sellers advisors on some of the information we ask for when representing the buyer. The first item I’ll discuss are W-2s by year along with an employee roster for that year noting positions, average hours worked...  Read More

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