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Archives for September 2015

Why United States Expatriates Worry About FATCA Penalties

September 24, 2015 by Onlyfordentists

For one reason or another, thousands of American citizens are living outside the United States at any given time. Many retirees are taking advantage of the lower cost of living and temperate climate offered south of the border while younger individuals and families are abroad for school, business or simply for the adventure. While living […]

Filed Under: Taxes

What is a Defined Benefit Plan?

September 14, 2015 by Onlyfordentists

Simply put, a defined benefit plan is a pension plan that uses a formula to promise a predetermined monthly benefit to an employee at their retirement. However, the specifics that go into a defined benefit plan are less simple, and it is important for all involved to understand the ramifications of the plan before it […]

Filed Under: Practice Management

What are Tax Extenders for Small Businesses?

September 8, 2015 by Onlyfordentists

Tax extenders are a group of fifty tax breaks that apply not only to small businesses, but teachers and individuals as well. What you need to be concerned with are those that apply directly to small businesses, especially dental practices. While these tax breaks are temporary in nature, they can have a serious impact on […]

Filed Under: Practice Management, Taxes

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