As practice owners, dentists should carefully consider the advantages of establishing an employer-sponsored retirement plan. Generally, you’re allowed a deduction for contributions you make to a retirement plan. In return, however, you’re required to include your employees in the plan, and to give a portion of the contributions you make to those employees who are eligible. Even so, a retirement plan can provide you with a tax-advantaged method to save for your own retirement while providing your employees with a powerful and appreciated benefit, especially in today’s competitive employment market.
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The Best Ways to Plan for Retirement | Best Dental CPA
April 1st 2023
The importance of putting in place a retirement plan should not be underestimated, regardless of how long you have practiced dentistry. Taking steps to prepare for your future is one of the most significant decisions that you can make in...
The Benefits of Patient Complaints | Dental CPA Near Me
March 15th 2023
Complaints from patients are never welcome. It is unfortunate that even the most compassionate dentist with an exemplary team who follows procedures meticulously can still receive complaints. Take advantage of them. Whether the complaint is true or not, the most...
Accounting Solutions for Business Challenges | Best Dental CPA
March 1st 2023
In addition to helping you with your taxes, accountants can offer creative solutions to your business challenges. Their training allows them to understand how businesses work and create solutions that others might not think of. These are just a few...