With the recent Heart Bleed Bug and current Zero-Day Vulnerability, it’s apparent more than ever online security is not as infallible as we may think. Regarding online security, the strength of your password is essential to the security of any online account your dental practice may maintain. When your password is weak, hackers can break […]
5 Ways Life Insurance Benefits Dental Practice Owners
The primary purpose of life insurance is to pay a death benefit – almost always tax free – when the insured dies. We’re all familiar with the need to insure the life of a breadwinner to protect a spouse and children from financial catastrophe. As a dental practice owner, we have some special needs to […]
5 Tax-Related Steps When Hiring Your First Employee
Be prepared for a mountain of paperwork, much of it related to income taxes.
Severance Pay is Taxable
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
