Your Dental Accountant
It’s crucial to choose a dental accountant who can proactively minimize your tax burden by up to $1M/year, while helping you to grow your profits.
Increase profitability | ||
Upfront fixed fee | ||
Proactive and innovative |
The Importance of a Specialized Dental Accountant
60%
of small business owners have limited financial
knowledge
knowledge
According to Accountancy Age, the biggest fear for small business owners handling their own accounting is making a mistake. This is probably because 60% of small business owners have limited knowledge when it comes to the financial and accounting aspects of their business.
98%
of small business owners who have an accountant feel more confident about their business
Nine out of ten small business owners believe that their accountant plays a key role in the success of their business. In fact 10 out of 10 of the small businesses who have a CPA say other businesses should get one too and 98% said their accountant gives them more confidence in their small business.
44%
of business owners believe their accountants are more reactive than proactive
A large portion of small business owners don’t feel their accountants are coming through for them. For example, 44% claim their accountants are more reactive than proactive, with 36% experiencing timeline issues, 32% lacking sufficient guidance, 29% feeling their accountants don’t offer advice, and 23.6% not being adequately educated by their accountants.
We’ll Integrate with Your Cloud Accounting Software
Dental Data Management Regulations You Need to Know
Effective data management regulations are crucial for dentists to ensure patient privacy, comply with legal standards like HIPAA, and protect sensitive health information. These regulations help maintain trust, reduce the risk of data breaches, and prevent potential legal and financial liabilities for dental practices.
The Health Insurance Portability and Accountability Act (HIPAA)
The Health Insurance Portability and Accountability Act (HIPAA) of 1996 sets federal standards to safeguard sensitive health information from unauthorized disclosure without patient consent. To enforce HIPAA’s provisions, the U.S. Department of Health and Human Services introduced the HIPAA Privacy Rule, while the HIPAA Security Rule specifically protects electronic health information under the Privacy Rule’s scope.
The Occupational Safety and Health Act (OSHA)
The Occupational Safety and Health Act (OSHA) mandates that employers ensure a workplace free of hazards and adhere to relevant safety and health regulations.
Under OSHA’s Standard for Occupational Exposure to Bloodborne Pathogens, dental practices must provide training to employees who face potential exposure risks. This training must be offered during work hours, free of charge, upon hiring and repeated annually.
The EPA Amalgam Separator Ruling
Starting July 14, 2020, dental practices in the United States that place or remove amalgam must have an amalgam separator installed. This marks a significant shift for the dental industry, making it crucial to meet the installation deadline and ensure your practice and team are fully prepared for the change. Time is of the essence to comply with these new regulations.
How Do We Save You $10K+ to $1M+ in Taxes?
Using Our “Tax Planning” Strategies
Using Our “Tax Planning” Strategies
The Tax Plan For Current Year & Beyond | ✓ |
Deduction Review & Strategy Planning | ✓ |
Legal Entity Optimization Across LLC, S Corp, Partnership | ✓ |
Retirement Options To Save While Minimizing Taxes | ✓ |
Insurance Review To Protect Assets & Reduce Taxes | ✓ |
TCJA, FFCRA, CARES Review For Liability Minimization | ✓ |
IRS & Court Case References Support Positions | ✓ |
Core Strategy Implementation | ✓ |
Business Tax Preparation | ✓ |
Quarterly Estimated Payments | ✓ |
Quarterly Core Tax Planning & Implementation | ✓ |
Quarterly 1-On-1 Review Tax Position | ✓ |
Looking for More Advanced Strategies?
Asset Protection
Tax-Advantaged Wealth
Exit & Capital Gains
Niches Specific
International
Your Financial Partners
With 27 years of experience, we specialize in best-in-class tax minimization strategies, personalized advisory, and technology-driven efficiency.
We formed Accountant Partners so business owners like yourself would receive partner-level value in accounting, reporting, and strategic advisory, providing real-time insights that help minimize your tax burden and maximize profitability.
Our holistic approach ensures quality-consistency, efficiency, and peace of mind communication, allowing you to focus on what you do best.
As your trusted partner, we aim to build a strong, long-lasting relationship to grow your business profitably and create a long lasting advantage towards continuous success.
Allan Bayer | Accountant Partners
Partner
Trusted by Business Owners
We Strive for World Class Service
Switching Accountants Is Easier Than You Think
Switching accountants only seems like a major pain in the butt…
But in reality, it’s a brief communication with your current accountant:
Your accountant is professionally mandated to provide your books to whomever you request they go to. It’s really that easy.
The Only CPA Firm with a Pricing Guarantee
Our pricing guarantee is simple: If we don’t quote you upfront for the work, we don’t expect you to pay. Whether that’s in our first engagement with you, or it’s in 20 years from now.
You’ll never receive an unpleasant surprise in our invoicing.
Our guarantee makes it a no-brainer to work with Small Business Accountant Sarasota.
Book Your Free Consultation
If you’re looking to grow your business and willing to listen to new and better ideas, then we’re the trusted Small Business Accountant for you.
During our initial consultation, we’ll review your immediate needs and provide a course of action with a fixed-fee quote (no surprise bills here).
FAQs
What does a dental accountant do?
A dental accountant specializes in managing the financial aspects of dental practices. They handle bookkeeping, tax preparation, financial planning, and ensure regulatory compliance. Their expertise helps optimize practice profitability, control costs, manage payroll, and offer strategic advice for long-term financial growth in the dental industry.
What are the advantages of having a dental accountant in your dental practice?
Having a dental accountant for your practice ensures accurate financial management, tax compliance, and cost control. They provide specialized insights into dental-specific expenses and revenue, help optimize profitability, streamline bookkeeping, and offer strategic planning, allowing you to focus on patient care while enhancing your practice’s financial health.
Do you need a dental CPA?
Yes, a dental CPA is valuable for managing the unique financial challenges of a dental practice. Their specialized expertise ensures accurate bookkeeping, tax strategies, regulatory compliance, and financial planning, helping maximize profitability and allowing you to focus on patient care and practice growth.
How can a dentist accountant help with tax planning?
A dental accountant helps with tax planning by identifying industry-specific deductions, optimizing tax strategies, and ensuring compliance with tax laws. They analyze expenses such as equipment purchases, staff costs, and dental supplies to minimize tax liabilities. Their expertise ensures accurate filings, reducing audit risks and maximizing tax savings.
What is the importance of accounts receivable in dental practices?
Accounts receivable is crucial in dental practices as it represents the money owed by patients or insurance companies for services provided. Efficient management ensures steady cash flow, timely collections, and financial stability. Properly tracking and collecting receivables reduces outstanding balances, improves profitability, and helps maintain a healthy financial foundation for the practice.
Your Next Steps
Request a Consultation |
We’ll review your immediate needs and provide a course of action to help you save money on taxes and grow your business.
How We Helped a Business Grow & Exit for $1.7M |
See how one business owner unlocked $1M in capital.
Dental Accountant Locations Near You
Small Business Accountant Huntington Beach
7259 Seaworthy Dr
Huntington Beach, CA
92648
(657) 300-6966
Small Business Accountant Pembroke Pines
2010 NW 150th Ave ste 202
Pembroke Pines, FL
33028
(754) 238-0525