Dental accountant with a binder of tax-saving tips on desk

Tax Saving Tips For Dentists

Every dentist wants to save money this tax season. Thankfully, there are many ways that dentists can reduce their tax liability and save more of their hard earned money. In this blog, we share several tax tips that can help you increase your overall tax savings. 1. Claim Your Tax Deductions Tax deductions are great ways to save on your taxes without cutting your business expenses. Dentists can give their employees one non-cash gift each, valuing up to $500 per year. Non-cash gifts are any gifts that do not have

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How To Prepare Your Dental Office For Sale In 2022

You’ve been the owner of a successful dental practice for a number of years now, and you’re feeling satisfied. You’ve hired lots of amazing employees, increased your profits and kept your patients happy, but now you’re thinking about retiring. You’ve come to the conclusion that it might be best to sell your dental practice and that’s okay! You deserve it. As the owner of a profitable dental practice, you have a lot of industry knowledge, but when it comes to selling it, do you even know where to start? This

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Reviews and Raises

Keeping top-performing team members on staff is essential—especially in today’s job market The landscape of the dental workforce has changed drastically over the past two years. The shortage of qualified personnel in dentistry results in many employees jumping from office to office and demanding higher salaries. Dentists are being backed into a corner and, in some cases, feel forced to pay outrageous salaries just to attract and retain staff. However, paying higher salaries doesn’t guarantee that the quality of work is commensurate with the pay. Many dentists are hiring out

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How To Start Opening A Dental Practice In Canada

Starting a private dental practice in Canada can be extremely rewarding for dentists and dental hygienists. Not only does it provide them with the opportunity to make their own income, but also with the opportunity to be their own boss. Despite the many benefits of opening a private dental practice, it does not come without its challenges. It can take a great deal of time, effort and patience to open and manage a dental hygiene practice independently. In order to make this process easier, we have created a simplified plan

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