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Archives for December 2014

Steps to Take When Your Sensitive Data is Breached

December 17, 2014 by Onlyfordentists

Roughly 267 million records were exposed during data breaches just in 2012 alone, the global information services organization Experian estimates. With numbers like these, most businesses find that it’s not a matter of “if” their data will be breached, but “when” it’s going to happen. With data breaches becoming such a common problem for people […]

Filed Under: Practice Management

Tax Audit Red Flag – Money Losing Business(es)

December 15, 2014 by Onlyfordentists

The fifth article in our series about IRS audit red flags focuses on claims about businesses losing money. It’s one thing to have an occasional loss, especially during economic downturns when businesses everywhere are losing money. Rest assured, however, that the IRS knows the current trends of businesses and industries on a local and national […]

Filed Under: Audits, Taxes

Why Small Businesses Need Agreements in Writing

December 1, 2014 by Onlyfordentists

Small businesses often capitalize on their less formal, more personal, approach to their customers and clients. While there is nothing wrong with this approach in general, it should not extend to business agreements and legal matters. On the contrary, a small business, including dental practices, should insist on reducing all agreements to writing just like […]

Filed Under: Bookkeeping, Practice Management Tagged With: contract management, small business

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