What is IT Security? Defining IT Security is a good starting point since it can have different meanings to different people. According to Wikipedia, IT Security is the process and mechanisms by which computer-based equipment, information, and services are protected from unintended or unauthorized access, change, or destruction. It is of particular and growing importance [...]
Tax reform may have you thinking of changing your S corporation to a C corporation, partnership, or sole proprietorship. With such a switch, you need to consider: How do I terminate the S corporation election correctly? What are the tax consequences to me? If you want to turn your S corporation into a C corporation, [...]
Retirement and living your dreams is not about how much wealth you have. The fact is, there are people that have millions of net worth yet they may be living a sub-optimal retirement lifestyle. Why? Retirement is about cash flow, and to be more specific, retirement finances may be improved if cash flow is guaranteed. [...]
Long Term Care. When those 3 words are uttered, what comes to mind? The Nursing Home? Don’t want to talk about it? Someone else’s problem? It can be an unwelcome addition to a room that is already full of pink elephants. Long Term Care can be defined as the kind of help one may need [...]
Determining the right location and space for your new practice is critical to its overall success. Smart negotiating that fits your needs and leverages terms to suit your best interest can set your practice on the right path by minimizing overhead and out of pocket expenditures. Ask yourself the following questions to help you choose [...]
Your ownership of a pass-through trade or business can generate a Section 199A tax deduction of up to 20 percent of your qualified business income (QBI). The C corporation does not generate this deduction, but the proprietorship, partnership, S corporation, and certain trusts, estates, and rental properties do. The tax code says QBI includes the [...]
These 2 questions I ask of every dental practice I speak to. When answering it, over 90% of the practices I talk to will say something dealing with the great service they offer. And although your practice might indeed offer great customer service, that is all but unique. Especially if 90% of practices claim the [...]
Why is it that some dental practices maintain healthy growth year over year while others in the same area struggle? Is it location, a professionally decorated office, state-of-the-art technology, a highly experienced and educated team, do they accept every insurance known to man-kind or are they a fee for service practice? If this is the [...]
This new practice in Dallas, Georgia was introducing a new owner and a new dentist and needed a way to generate new patients fast. DART Direct Mail was called in and delivered immediate results. "We have had great success with DART Direct Mail. They are very friendly and easy to work with. They give great [...]
Work Related Tax Credits Federal and State Tax Credits are government incentives for businesses to invest in their employees through locating, hiring, and training the employee. It is important to understand that credits are more valuable than deductions as Tax Credits reduce your tax liability dollar for dollar. Many employers are eligible to receive the [...]
The news is full of stories about global warming, energy efficiency, and having a small carbon footprint. There are differing opinions as to the cause of global warming, but the reality is the earth is in a warming trend which affects our daily lives. Being energy efficient is not merely a trend but should be [...]
In January, our President gave us his vision for our company’s #1 goal for this year…Professionalism. Academically defined as “the conduct, aims or qualities that characterize or mark a profession or a professional person” (Webster’s Dictionary 2018), professionalism, to me, speaks more to the merits of first impressions, communication skills, and positivity in the workplace. [...]
