Personal Finances | General/Other

Top Financial Lessons Learned Over 40 Years (Part One)

Personal and practice financial management pearls to help you reach financial freedom faster.

Tax | Individual

Another Strategy To Make Your Travel Tax-Deductible

Try this virtual CE strategy on your next vacation!

Transitions | Practice Values

How The New Valuation Approach Can Increase Your Practice’s Value

Traditional valuation methods created huge disparities in your practice's value when selling to a doctor versus a DSO. But now, you can "close the gap" on your practice's value regardless of who you sell to.

Practice Management | Profitability

Getting Patients To “Yes”: 6 Ways To Improve Treatment Acceptance In A Volatile Economy

Your practice can maintain (and improve!) its profitability, even during uncertain times. Here's how.

Tax | Individual

Increase Retirement Income And Slash Taxes Using A Charitable Remainder Trust

This little know strategy not only helps your favorite charities get the most out of your donations, but also provides substantial benefits to you and your family.

Practice Management | Billing/Collections

More Benefits Available From Automating Insurance Processing

With the labor crisis still in full effect, utilizing automation is more critical than ever. Learn how doctors like you are currently benefiting from these cost-cutting tools.

Insurance | Health

IRS Boosts HSA Contributions For 2024

Are you getting the most out of your HSA?

Tax | Audits

Yes – You Can Go To Jail For Inflated Deductions!

Don't be fooled by consultants claiming you'll only get jail time for unreported income.

Personal Finances | Credit

Best Travel Reward Booking Services

Try these concierge services to get the most out of your travel reward points.

Personal Finances | General/Other

Will ChatGPT Replace Your Financial Advisor?

ChatGPT has exploded in popularity with a wide variety of uses. While it can provide a wealth of financial information, it does have significant limitations.

Transitions | Practice Values

Why Your Practice May Be More Valuable Than You Think

When selling your practice, the difference in sales price from traditional buyers versus DSO buyers can be shocking. But why is there such a disparity, and should there be?

Tax | Individual

How To Earn Over $100,000 A Year Tax-Free In Retirement

The sale of your practice presents a huge opportunity to take advantage of a special 0% tax rate.

Practice Management | Financing

How To Get The Practice Loan You Need Despite The Credit Crunch

Loans for dental practices are still readily available at certain banks that specialize in healthcare provider lending. Use our strategy to ensure you get the best deal possible!

Practice Management | Personnel

An Unconventional Solution To Your Understaffing Problem

With labor shortages still top-of-mind for most doctors, trying this recruitment strategy could prove to be highly beneficial to your practice.

Practice Management | Profitability

Adjust Your Fees And PPO Participation To Optimize Your Workload

If you find yourself operating at 100% capacity (or more), this approach can not only reduce your stress, but increase your practice profitability.

Marketing | Internet/Website

Upgrade Your Website To Convert More New Patients

With Google Analytics poised to roll out their new platform, now is the perfect time to update your website.

Practice Management | Industry Trends

2022 – A Challenging Year For Dentistry

Our annual profitability and benchmarking analysis is in. Here's how our member-doctors fared in 2022.

Tax | Individual

New Research Reveals Optimal Age To Claim Social Security Benefits

Claiming Social Security benefits is one of the biggest and most complex decisions you face in retirement, and getting it wrong can cost you and your family hundreds of thousands of dollars. Here's how to get it right.

Practice Management | Managed Care

Top Errors In Dealing With PPOs

Avoid these 6 profit-robbing mistakes doctors routinely make to maintain your practice's profitability.

Practice Management | Personnel

Congress Mulls Extending FMLA To Your Practice

The FMLA currently provides a small business exemption for employers with less than 50 employees. But this could be changing.

Tax | Individual

How To Protect Your Wealth From The Higher Taxes Just Ahead

The Biden Administration recently proposed a tax hike that could dramatically increase your tax responsibility. Use these 7 strategies to lessen the hit to your family's hard-earned wealth.

Tax | Individual

Avoid Overpaying Your Property Taxes Due To Revaluation Errors

Home prices are dropping from their peaks of 2022. If you've recently received a property tax appraisal using values based during this inflated era, you need to act now.

Tax | Audits

IRS: Beware Of Bad Online Tax Advice

Misleading online tax advice from promoters may leave you holding the bag when the IRS comes knocking. Here's what to look out for and how to slash your taxes the right way.

Practice Management | General/Other

7 Steps To Prevent Burnout

Burnout is real and it's only getting worse in dentistry. Use these proactive tips to help you boost your health, reduce your stress, and avoid it altogether.

Transitions | Associateships

How To Beat The New Independent Contractor Rules

Use these strategies to reap tax savings when employing hygienists and associates.

Transitions | Buying/Selling and Mergers

What’s The Truth About DSOs?

With current DSO advertising warning of the dental apocalypse if you don't sell now, transitioning out of practice is more fraught than ever before. Who, and what, can you trust?

Tax | General/Other

Don’t Overlook These Deadlines – It Could Be Costly!

Make sure you file by these deadlines, or you could miss out on huge tax savings!

Insurance | General/Other

Join The Growing Push For Dental Insurance Reform!

Several states are pushing for transparency from dental insurance companies to increase the value of patients' dental premiums.

Education Planning | Saving/Paying for College

New Changes Increase Savings From Tax-Deductible College Funding

Fund your children's education with these strategies that can help you reap savings of tens of thousands of dollars per child!

Personal Finances | Budgeting, Spending, Saving

Teach Your Children About Money Management

They're never too young to start learning the value of a dollar! It will leave them better prepared to handle their own finances as adults.

Personal Finances | General/Other

How To Travel More While Spending Less

Use our tips and travel credit card recommendations to get the most value out of your vacations and business travel!

Tax | Individual

New Law Limits Syndicated Conservation Easement Deductions

Despite the threat of criminal and civil lawsuits, promoters continue to sell these tax-motivated investments. Here's what the IRS is looking for to avoid a costly audit, back taxes, interest, and penalties.

Practice Management | General/Other

How To Sidestep The FTC’s Proposed Ban On Noncompete Agreements

These 6 strategies can protect your practice now, so you can avoid the risk of waiting years for a finalized rule.

Transitions | Practice Values

How The Rapidly Changing Dental Marketplace Will Affect Your Practice’s Value

With high interest rates impacting DSO sales, is selling to a DSO still a viable transition plan?

Personal Finances | General/Other

Five Strategies To Take Advantage Of Higher Interest Rates

Interest rates have skyrocketed over the past year, but you can still come out ahead with these financial strategies to boost your returns.

Tax | Individual

Are You Missing Out On A Home Office Tax Deduction?

If you conduct the majority of your administrative and management duties from home, then the answer is yes! Here's how to take advantage of this overlooked tax break.

Practice Management | Profitability

How Your Hygiene Department Can Improve Your Treatment Acceptance

Getting your hygiene department on the same page about your treatment philosophy can drastically impact your profitability. Follow these 3 steps to empower your hygienists and increase your case acceptance.

Tax | Practice/Corporation

Two Strategies To Beat The New Limits On Electric Vehicle Tax Credits

To qualify for an EV tax credit, your vehicle must pass 4 strict tests, but you can circumvent these requirements with the Commercial Clean Vehicle Credit.

Retirement Plans | General/Other

How To Get The Optimum Benefit From Your Retirement Plan

Your retirment plan can make or break your retirement savings. Make sure you're maximizing your funding so you can hit your savings goals in the fastest time possible.

Practice Management | Personnel

10 Mistakes That Make You Vulnerable To Employment-Related Lawsuits

The risk of employment-related lawsuits is growing and can cost you dearly. Avoid these common mistakes that can arise before, during, and after employment.

Practice Management | General/Other

How Will The Proposed Ban On Non-Compete Agreements Affect Your Practice?

While the FTC's proposal has yet to be approved, the ban includes future as well as current agreements and has far-reaching implications for your transition plan.

Personal Finances | Debt Management

White House Announces New Income-Based Student Loan Relief

The Education Department under Biden has proposed a new rule, making the path to student loan forgiveness easier and college more affordable.

Tax | Individual

How To Take Maximum Advantage Of The New Retirement Savings Rules

The SECURE Act 2.0 changes the retirement savings rules for all Americans. We've broken down what that means for you and your retirement plan strategy.

Investments | Investment Strategy

An Investing Strategy For 2023

With the Federal Reserve promising more interest hikes, and a looming recession on the horizon, here’s how should you handle your investments.

Practice Management | Personnel

10 Strategies To Recruit A Top-Notch Hygienist

If you've been affected by the hygiene staffing crisis, try these ideas to find high-quality candidates in your area.

Tax | Individual

Accelerate Your 2023 Financial Success!

Follow these 6 strategies to ensure you don't miss out on $500,000 of "free money" in retirement!

Practice Management | Profitability

Five Strategies To Combat The Looming Recession

The economy is slowing down in the face of rapid interest rate hikes. As consumers become more budget-conscious, here's what you can do to maintain your profitability.

Tax | Individual

Will Your HSA Distributions Be Tax-Free?

Maximize your HSA benefit by avoiding these pitfalls that can cost you thousands in unnecessary taxes.

Practice Management | General/Other

Doctors Fined For Illegal Response To Negative Online Reviews

Make sure you and your staff are staying HIPPA compliant when responding to negative online reviews.

Practice Management | Personnel - Compensation

Time To Finalize Your 2023 Pay Strategy

With recruiting and retaining staff a high priority for most practices, here's how to adjust your compensation strategy to stay competitive.