Articles

If there’s one thing everyone can count on in life, it’s taxes. Businesses aren’t immune to the responsibility – if anything, they face an extra burdensome process. Riddled with forms, rules, exceptions, deductions, and of course, risk, springtime financial review isn’t something you want to go alone. Look no further than the following guide on tax planning and compliance for dental practices as this year’s deadline nears. In it, we unpack the unique challenges dentists face and how to structure your practice to maximize tax efficiency without raising red flags

Financial management for dental practices is a full-time job. You can have a great team of care providers, but their work will only pay off if and when budgeting, cash flow, and more are managed effectively. This guide explores the essential components of dental practice financial management, providing actionable insights for practitioners seeking to optimize their business performance while maintaining clinical excellence. Budgeting, Defined A budget is a financial plan that outlines expected income and expenses over a specific period. It serves as a roadmap for money management by tracking

After months of speculation and preparation, it looks like changes to Canada’s capital gains tax won’t happen. This is one of many last-minute pivots from the ruling Liberal government as it prepares for an upcoming federal election. With career economist Mark Carney at the helm, priorities and policies across the board have been revised – and arguably dialed down in aggressiveness – to better align with moderate voters. Axing the original plan for capital gains taxes won’t come without implications, though. Numerically, the move means passing up $19.4 billion in