When dental practices lay off employees, severance pay is often a part of the deal. According to the United States Department of Labor, this pay is not required under any circumstances. However, many dental employers choose to offer severance pay in order to ease the transition into unemployment or a new job. Unfortunately, even though […]
Wire Transfers vs ACH Payment Processing
Businesses today, including accounting firms, benefit greatly from both wire transfers and ACH payment processing. Each offers unique benefits for specific situations worth considering. In order to decide which electronic payment method to choose and when, it’s necessary to look at the definitions and distinctions of each.
Annual Townie Meeting April 23rd – 26th, 2014
Why Your Dental Practice Should Offer a 401k Plan
Small dental practices today, even the successful ones, are often strapped for cash. That makes offering golden egg benefit packages to employees difficult no matter how much you’d like to be able to do so. Sadly, many dental business owners fail to consider offering 401(k) plans for fear they cannot make it happen. Despite these […]
7 Facts about Income Tax Extensions
Sometimes, things beyond your control keep you from making that April 15 income tax filing deadline. Family emergencies. Too much time traveling for work. An overly complicated financial situation. Missing – required – forms from third parties. Even though tax filing season is 2-1/2 months long, sometimes you’re just not ready. Not sure you’ll be […]
Credit Unions vs. Commercial Banks
The great debate as to whether credit unions or commercial banks are more advantageous to consumers rages on. Both offer distinct strengths and weaknesses to consider, depending on what your banking needs may be.