Is your Washington dental practice subject to sales and use tax?
You likely know that Washington state has a “Sales and Use” tax. While this tax primarily applies to retail transactions and does not apply to professional services such as dentistry, we want… Continue On +
No Bank Account on File? Expect Significant Tax Refund Delays in 2025
As the IRS continues to move away from paper checks, how you choose to receive your tax refund matters more than ever. If your 2025 tax return does not include direct deposit… Continue On +
Voluntary Self-Identification Form for Oregon Taxpayers
Each year, tax practitioners are obliged to inform Oregon taxpayers (including non-residents who file an Oregon tax return) about Form OR-VSI. Please see below for required disclosures regarding this form: The Oregon… Continue On +
Trump Savings Account
The One Big Beautiful Bill Act, passed in July of 2025, includes provisions for the new “Trump Account”, which is a tax-deferred account created to encourage long-term savings for qualifying children. Trump… Continue On +
Important Changes to the Tax Treatment of Charitable Donations
Beginning in 2026, several important changes to the tax treatment of charitable donations will take effect, which may impact your end of year decision making: 1. A new 0.5% adjusted gross income… Continue On +
Best Practices for Paying Retirement Plan Deferrals: 401(k) and SIMPLE IRA
Managing retirement plan contributions—whether for a 401(k) or a SIMPLE IRA—requires accuracy and timeliness. Even small mistakes, such as late deposits or incorrect allocations, can lead to compliance issues with the IRS… Continue On +
Discover the Official Podcast of the Academy of Dental CPAs: The Art of Dental Finance and Management
As a proud member of the Academy of Dental CPAs (ADCPA), Fluence is committed to bringing you the best insights and resources in the dental industry. Together with ADCPA and Art Wiederman,… Continue On +
Changes are coming regarding check payments to and from the Internal Revenue Service
Changes are coming regarding check payments to and from the Internal Revenue Service. In accordance with a recent Executive Order, the IRS has announced that it will stop issuing most paper check… Continue On +
New Rules For Roth Catch Up Contributions
Certain changes are coming to rules around Roth “Catch-up” contributions for participants over age 50. A catch-up contribution is an extra, tax-advantaged contribution that individuals age 50 or older can make to… Continue On +
UNCLAIMED PROPERTY REPORTING SITES OPENING SOON
Unclaimed property audits have been on the rise recently and we want to remind everyone of the upcoming deadlines and steps that need to be taken for each state’s annual unclaimed property… Continue On +
Expiring Energy Credits Deadlines Quickly Approaching
The new tax law just recently passed has expiration dates for several energy credits that may require action to secure the credits SOONER THAN LATER before they expire. Electric vehicle credits (Expiring… Continue On +
Unlocking Tax-Free Retirement: What Dentists Should Know About Backdoor Roth Conversions
As a high-earning dental professional, you’re likely no stranger to the challenge of retirement planning within IRS income limits. One common frustration? Not qualifying for direct Roth IRA contributions due to income… Continue On +