While the dream of owning your own dental practice can be alluring, the reality involves navigating a complex web of legal and financial hurdles. Before embarking on this exciting journey, it's crucial to understand the associated costs and legal intricacies to ensure a smooth and successful
The Subscription Revolution: How Membership Models Are Reshaping Dentistry
The traditional fee-for-service model in dentistry has long held sway, but a quiet revolution is brewing. Subscription models, also known as dental membership plans, are rapidly transforming the landscape, impacting practices, patients, and even the role of accountants. Let's delve into this dynamic
Year-End Tax Planning Tips for Dental Practices
As the year comes to a close, it's a smart move for dental practice owners to consider some key steps for effective year-end tax planning. Simplifying the process can make a big difference in managing your practice's finances. Here are some practical considerations: 1. Equipment
Deductions Your Dental Practice Might Be Missing Out On
Last year taxpayers lost out on almost one billion dollars in deductions. No doubt, a few dental practices were among those taxpayers missing out. Here are 12 of the most common deductions a dental practice can capitalize on.. State Sales Tax Deduction Many dental practices reside in