It’s natural for dental associates to eventually step out on their own. Whether you’re looking to pay down student loan debt, create more lifestyle flexibility or care for patients under your philosophy, practice ownership remains one of the most rewarding ways to meet your personal and career goals. But establishing your own practice often requires acquiring an existing… Read More »
Most taxpayers don’t need to spend too much time worrying about being audited by the Internal Revenue Service. However, many dentists are both small business owners and high wage earners, which means they may be more likely to hear from the tax man. In its latest annual report, the IRS says it sent more than two million notices… Read More »
ADA Practice Transitions fosters relationships between dentists at key points in their careers. The new service, piloting this spring in Maine and Wisconsin, pairs dentists looking to join or buy a practice with dentists looking to hire or sell. The online platform includes resources tailored to each dentist’s career stage and training to help achieve a successful transition.… Read More »
If you are like many dentists who own a practice, you share a variety of critical priorities in addition to the practice of dentistry, such as managing taxes, attracting and rewarding valued employees, and establishing a long-term strategy to help plan for the financial futures of your employees. Fortunately, you also share an option that could help address… Read More »
There’s no better time to start taking control of your financial life than the beginning of a new year. It’s a clean slate. All those poor money choices you made last year? Not a problem. New Year, new you. You may be drowning in debt. You may be struggling to get by as a dentist (who knew that… Read More »
The Association announced Jan. 7 that ADA Member Advantage named BMO Harris Bank as its new exclusively endorsed lender for practice financing for ADA members, according to ADA News. Through this agreement, ADA members will have access to preferred rates on practice financing, regardless of where their practice is in its lifecycle — from dentists looking to acquire… Read More »