Business Financial
Are You Properly Insured Against Employee Theft in Your Dental Practice?
Most dental practice owners carry insurance. Property coverage, liability policies, workers compensation. It feels comprehensive. Yet one of the most common and financially damaging risks in a dental office is often underinsured or overlooked entirely: employee theft. Embezzlement in dentistry is not rare. In fact, it is one of the most frequent causes of unexpected…
Read MoreStrategic Credentialing: Protection from Low Fees Starts on Day One
When a dentist acquires a practice, the big questions are easy to spot: What’s it worth? How is it financed? What does this mean for taxes? But one early decision often flies under the radar—and quietly shapes profitability for years: credentialing. Not just getting enrolled, but doing it strategically. Credentialing sets the financial baseline of…
Read MoreHow Rising Staffing Costs Are Reshaping Dental Practice Finances in 2026
The dental industry continues to face persistent staffing challenges, and 2026 is shaping up to be another year where labor costs significantly influence practice performance. Hygienists, assistants, and front-office team members remain in high demand, and competitive hiring pressures are driving wages upward across the country. For many practices, staffing represents their single largest expense category—and increases in labor…
Read MoreAvoiding the Lending Wall: What Dentists Need to Know Before Expanding to Multiple Locations
Expanding from one dental practice to two or three can be one of the most exciting — and financially challenging — transitions in a dentist’s career. Growth brings opportunity, but it also brings a new level of financial scrutiny. Dentists adding locations need to ask their banker what their options will be down the road.…
Read MoreUnlocking Tax Savings: The R&D Tax Credit for Dentists
Most dentists don’t think of themselves as doing “research and development,” but if you’ve ever improved a process, tried new materials, or explored innovative ways to serve your patients, you may be closer than you think. The Research & Development (R&D) Tax Credit is a powerful federal incentive designed to reward innovation. While often associated…
Read MoreFive Myths Your Landlord Wants You to Believe
Navigating a commercial lease for your healthcare practice can be overwhelming—especially when misinformation is at play. Landlords often present lease terms that seem fair on the surface but may not be in your best financial interest. Understanding the most common myths can help protect your practice from costly mistakes. Below, we break down five misconceptions…
Read MorePaying Employees and Contractors
Properly paying employees and contractors is an essential part of running a business. Whether you’re managing a small startup or a growing company, understanding the differences in how to compensate your workforce—whether employees or contractors—ensures compliance with tax regulations and avoids costly mistakes. Before you can even start the payment process, however, it’s crucial to…
Read MoreWhy is my distribution being taxed as Capital Gains?!
If you’re a shareholder in an S Corporation, you might be surprised—or frustrated—to find out that a distribution you thought was tax-free is now showing up as capital gains on your tax return. What’s going on? Let’s break it down. The Issue: Basis Determines Taxability In most cases, distributions from an S Corporation to a…
Read MoreShift Income to Save on Taxes with Child Wages
If you’re a business owner with children, you may be missing out on a valuable—and IRS-approved—opportunity to shift taxable income to a lower tax bracket. By employing your child in your business, you can reduce your overall tax liability and teach them the value of earning money at the same time. Why It Works: Two…
Read MoreMixing Business & Pleasure Travel
Ah, the joys of combining business and pleasure—the ultimate two-for-one deal, right? Well, not exactly. While you can enjoy the benefits of mixing work with fun, it’s important to understand how the IRS distinguishes between business and personal travel. With some planning and recordkeeping, you can take advantage of valuable tax deductions without stepping outside…
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