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Archives for April 2015

What You Need to Know About Estimated Taxes

April 23, 2015 by Onlyfordentists

Dentists, keep in mind that it’s not just self-employed individuals who are required by the IRS to pay estimated taxes. There are numerous advantages to being self-employed. The top benefit that most full-time, must-report-to-the-office employees most envy the most is your ability to establish your own work schedule. You don’t have the commuting expenses, nor […]

Filed Under: Taxes

Do I Need to Include Asset Protection in My Estate Plan?

April 16, 2015 by Onlyfordentists

A comprehensive estate plan should accomplish far more than just deciding who will receive your estate property after your death. Because of the unique nature of estate planning, the additional goals you include in your plan will depend on your needs and concerns. Asset protection, however, is a popular component included in many estate plans. […]

Filed Under: Practice Management

Contractor or Employee? How the Income Tax Obligations Differ

April 1, 2015 by Onlyfordentists

It’s a very important distinction, and one that can get you in hot water if you misclassify workers even at a dental practice. Full-time employees of companies often look at independent contractors with envy. They can generally work whatever hours they want. They can sit at a computer, make phone calls, and create products in […]

Filed Under: Taxes

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