As a fun addition to our financial posts, we thought we’d share one of our favorite recipes with you. Please enjoy! This recipe is originally from Squidoo. The original recipe can be found here.
5 Best Practices When Hiring Employees
Who you hire for your dental practice can be the most critical decision you make for the future success of your company. Hire the right team and success is almost guaranteed. Hire the wrong group and your company’s very survival can be in jeopardy. In other words, hiring is nothing to take lightly. This article […]
How to Enter CEREC Purchase Into QuickBooks
We were recently approached by a dentist who bought a used CEREC and put it on a newly opened rewards credit card at 0% for 12 months. They were planning on paying $2,000 -3,000 per month and do a balloon payment at the end, but weren’t sure how to enter it into QuickBooks. He admitted […]
Warning Signs That Your Employees Are Stealing From You
In dental practices, like in any business, fraud can go on undetected for a long time if the warning signs are ignored. Some of the common warning signs of fraud are: A sudden unexplained shortage in the cash account. It can lead to checks being returns, late tax payments, and supplier complaints of lack of […]
“Practice Exit Strategies” Speaking Engagement
Bassim Michael, CPA recently engaged an audience at Fresno Pacific University-North Fresno Center about exit strategies for your practice. “Is it time to sail off into the sunset? If so, what do you do with your practice? Our speakers will impart their knowledge about exit strategies and financing your practice so you receive the best outcome […]
“Federal Tax Implications of Health Care Reform” Seminar
“Federal Tax Implications of Health Care Reform” Seminar We recently attended a CE class focused on the Affordable Care Act, commonly referred to as Obamacare. A number of income tax provisions are already in effect, but there are many more that will become effective this year and beyond including the individual mandate and the employer […]