Cost segregation is the process of identifying your assets and correctly classifying those assets for the purpose of paying federal taxes. In this process, personal assets that are mixed with real property assets are separated out, so all assets can be depreciated properly and potentially increase your bottom line. Cost Segregation Studies A cost segregation […]
Michael & Company Accounting Associate Diana Signoriello Passes Third Part of CPA Exam
Michael & Company, a CPA firm headquartered in Fresno, Calif., is excited to announce that Diana Signoriello has successfully completed the third part of the CPA examination. Ms. Signoriello is currently an accounting associate at the firm. Ms. Signoriello embarked on the journey to become a Certified Public Accountant (CPA) approximately one year ago. One […]
Steps to Reduce the Risk of Getting Hacked at Your Dental Practice
Hacking is on the rise and dental practices are not immune from the risks hackers pose to businesses today. In fact, due to the rapidly evolving pace of technology and the single-minded resourcefulness of today’s hackers, businesses, especially in those in the medical industry, face greater risks than ever before. Bigger businesses have become increasingly harder […]
Bassim Michael Will Present at the Sikka Optimization Summit 2015
Questions and Answers: IRS Audits and Your Dental Practice
Being selected for an audit doesn’t mean that you’re suspected of incorrectly reporting your taxes for your dental practice. There’s no getting around it: The prospect of being audited by the IRS is unnerving, but the agency chooses to audit individuals and businesses for a number of reasons, including: Mismatched documents. If numbers from forms like […]
Password Strength – More Important Than You Think in a Dental Office
A password is an account’s first line of defense against hackers. Without a strong password, hackers may be able to breach your accounts’ security and access sensitive information vital to your dental practice that they can use for their own personal gain. Unfortunately, few people realize just how important the strength of passwords can be. […]