From our latest blog posts, you learned that a thorough due diligence process is crucial in dental practice transactions to minimize risks and guarantee a prosperous result. It involves the analysis of different aspects of a dental practice before the purchase or sale occurs, covering financial, legal, and operational aspects. As a dental CPA company,…
Imagine you’re on the brink of acquiring what seems like the perfect dental practice — great location, solid financials, and a positive atmosphere. You’re ready to sign the dotted line when, out of the blue, negative reviews pop up. As you scroll through online feedback, the once-glowing reputation starts to tarnish. Patients complain about missed…
In some previous blog posts, we explained the importance of strategic due diligence in a dental practice acquisition. This process involves an in-depth examination of every aspect of a practice, including financial statements, operational systems, inventory, assets, and equipment. Evaluating the condition of the company’s physical assets, such as buildings, facilities, and equipment, is essential…
Choosing the right Certified Public Accountant (CPA) specialized in the dental industry is essential for conducting thorough due diligence when purchasing a practice, expanding your business, or simply ensuring your financials are in impeccable order. Dental CPAs offer more than just accounting services. Their knowledge of the dental market and financial expertise can significantly impact…
This Is A Very Important Blog! Don’t wait until the deadline approaches—start your Beneficial Ownership Information Report today with Dental CPA and ensure compliance with the Corporate Transparency Act As we step into a new year, it’s crucial for dental professionals to stay informed about recent changes in federal mandates that may impact their practices….
Depending on initial assessment, I ask for some very basic financial information to start due diligence for office on Buyer’s behalf. The procedures will/might be expanded to include additional tests of details in case areas are discovered that need further analysis. I actually assed a low risk after reviewing the initial information provided, and asked…
Dental CPA Accounting and Tax Services In Los Angeles Fazel Mostashari, California Dental CPA located in Los Angeles is an experienced dental CPA firm providing unique accounting and tax services for dentists in California. We’ll develop a specific package of dental accounting services including profit coaching, tax planning strategies, cash flow management, and bench marking….
Please see below a short list of areas that will affect your personal and dental business taxes by the new tax law. Please contact our office to schedule a meeting as early as possible to start the tax planning process. A. Beginning Jan. 1, individual dentists are now allowed to deduct up to 20 percent…
Buying or selling a dental practice might be the single biggest decision of your professional career. This task requires a mix of financial and non-financial information such as local customs. As a husband of a dentist and a financial professional, I have been constantly asking buyers, sellers, brokers, banks and other lenders, CPAs and any…
Our Dental CPA firm provides dental professionals with a wide variety of custom services to enable dentists to excel in the dentistry business. It’s vital that dental businesses are well established, so that personal and business success may be accomplished in an effective manner and that potential risks are recognized, minimized, and promptly dealt with.
