Take Advantage of a Home Office Reimbursement
If you have a home office and are looking for ways to maximize your tax savings maybe it’s time to look into the home office reimbursement. This reimbursement method allows a corporation… Continue On +
Assertive Leadership
What defines effective leadership? John Maxwell once said, “A leader is one who knows the way, goes the way, and shows the way.” One important leadership trait that demonstrates the ability to… Continue On +
Big Changes to College Savings Plans
Tax reform added some new taxpayer-advantageous changes to college savings plans. These plans are also known as qualified tuition programs (QTPs) or Sec. 529 plans, named after the part of the Internal… Continue On +
Rejoice – Business Meals Are Still Deductible
If you are a business owner who is accustomed to treating clients to sporting events, golf getaways, concerts and the like, you were no doubt saddened by the part of the tax… Continue On +
Meals and Break Periods in Oregon
Do I have to give employees meal and break periods? How can I do that in an environment where we see patients and need to be available? Why can’t I just pay… Continue On +
Children are Prime Targets for Identity Theft
One of the most surprising statistics about identity theft is that more than one million children were victims of identity theft and fraud last year (according to Javelin Strategy and Research). Fraud… Continue On +
Cyber Security – Protect Your Practice against Phishing
While you may be aware that cybercriminals want to break through the defenses of your computer, you may not realize the most popular form of attack involves phishing, or the sending of… Continue On +
How to Frame Change
Rick Goodwin once said the following about change: “One reason people resist change is because they focus on what they have to give up, instead of what they have to gain.” How… Continue On +
Challenging Situations Chairside Improve Communication and Leadership Skills
An African Proverb states, “Smooth seas do not make skillful sailors.” Just as turbulent seas craft skillful sailors, challenging situations chairside give dentists and teams an opportunity to improve communication and leadership… Continue On +
SALT Deduction – Battle Lines Have Been Set and Swords Have Been Drawn
Tax reform has limited the federal itemized deduction for state income and local government taxes (including property taxes), collectively referred to as the SALT deduction, to $10,000 a year. This set off… Continue On +
Kiddie Tax No Longer Based on Parents’ Tax Rate
Some years back, it was not uncommon for parents to put their investments in their dependent children’s names to take advantage of their children’s lower tax rates. Although the Uniform Gift to… Continue On +
Growing the Recall Patient Base
For dental practices that want to grow, adding new patients is very important; however another measure that is equally important is the growth of the recall patient base. Just because you add… Continue On +