Posts Tagged ‘Dentistry’
How to maximize meal tax deductions for 2021
One of the best ways to meet and get to know vendors, distributors, or prospective clients is by organizing business meals. Not only is it convenient, but also it is an effective way to build lasting business relationships. The relaxed atmosphere of a business dinner may make your guests more receptive to listening than they…Read More
The Cares Act Cash Windfall you Missed!
Did you know the US government will pay the first 6-months of payments on commercial loans from 300k to five million dollars, should it meets specific guidelines and closes before Sept 27th, 2020. The best part – you don’t have to pay them back! The opportunity is separate from the Paycheck Protection Program loan or…Read More
4 Reasons Why you should Open your Mail from the IRS Immediately
[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” overlay_strength=”0.3″ column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text] Have you ever received a letter from the Internal Revenue Service? Are you afraid of what you might find inside? It is easy to want to avoid bad news. Do not…Read More
Three Options to Stimulus Loan Forgiveness
We are entering the second month of the shutdown. Many of our clients have received their PPP loan funds, no doubt, with a sigh of relief. With money in hand, attention is turning to forgiveness. The percentage of funds used for payroll costs is key to ensuring forgiveness takes place.Read More
UPDATED: 3 Keys to Understanding, SBA, EIDL, and PPP Stimulus
For-Profit Businesses with under 500 team members CARES Act reduces concern about having to furlough employees.SBA advance loan application is simplified, with no forms to submit.Payroll Protection Program loan application process launching this week Key 1 – SBA Economic Injury Disaster Loan (EIDL Advance Loan/Grant) Should I Apply for the SBA up to $10,000 Loan…Read More
Three Decision to Make Now for When Doors Open Again!
We want you to know that we are open and working either in the office or remotely. We are, however, taking precautions to protect the well being of our team members and clients. We are committed to putting you in the best financial position possible through proactive tax, consulting, and accounting regardless of the outside…Read More
Master Cashflow in a Crisis
Be prepared DrillDown Solution Cashflow in a crisis Heather Porter: Our mission and our goal are that you will walk away with at least one action item but, hopefully, a lot more, you can take care of in your practice. Stephen Nance: I know you’re in a crisis. We all are. the dental industry has…Read More
Utah “Claimant Guide to Unemployment”
Utah’s “Claimant Guide to Unemployment Benefits” – Helpful Hacks Written by Ed Gabriel, DrillDown Solution See all 24 pages at https://jobs.utah.gov/ui/jobseeker/ClaimantGuide.pdf Qualifying The base period is the first four of the last five completed calendar quarters before the week in which you file your application for benefits. To determine your unemployment benefit amount, you must…Read More
What should you consider before writing off a vehicle?
Dentist’s ask me every year if they can write-off their car or truck. The answer is yes…maybe…with some limitations. Most questions I receive about taxes, have the answer, it depends. There are nine things to consider before you write-off the cost of a business vehicle.Read More