The new year is often a time for fresh starts and big decisions. As a dental, medical, or veterinary professional, you might be considering taking the leap into practice ownership. Whether you’re dreaming of creating a brand-new practice or purchasing an existing one, the journey to becoming your own boss is exciting, but requires careful […]
Thinking of Starting Your Own Healthcare Practice in 2025? Here’s Where to Begin Read More »
As the year comes to a close, many of us start thinking about our future, and what plans can be put in place to ease up on work commitments. When you own your own healthcare practice, the transition to retirement involves much more than personal planning – it requires strategic foresight to ensure the future
Dreaming of retirement? Here’s how to prepare your healthcare practice Read More »
For healthcare professionals, taking the leap into practice ownership is a significant milestone. One of the first big decisions you’ll face is whether to buy an existing practice or start your own from scratch. Both options come with distinct advantages and challenges, and the right choice depends on your goals, resources, and circumstances. Whichever option
Christmas is the perfect time to celebrate your team’s hard work and toast to the year’s successes – but it’s also a time when tax regulations can sneak up on you like the Grinch. But don’t worry! With a bit of planning, you can enjoy the festivities without any surprise tax bills lurking under the
Be merry and tax-savvy: Christmas planning tips for your practice Read More »
Every June is an exciting time in the accounting industry as tax planning is high on the agenda. Accountants have been eagerly awaiting this time of year as it is the perfect time to introduce the “Bucket Company” to their highly profitable clients. However, their excitement quickly leads to exhaustion as they find themselves explaining
What Is A Bucket Company? Read More »
Imagine your dream of a family legacy, then imagine it turn into a nightmare. Only 25% of families report feeling confident their trust reflects their wishes and 80% of trust disputes involve beneficiaries feeling excluded or unfairly treated. Could your trust unknowingly lead to a future family bust-up? While a will dictates the distribution of
Family Wealth Transfer – Wills vs Trusts Read More »
A dental trust is a legal entity that provides dental care to its beneficiaries, who are usually employees of a company or members of an organization. A dental trust is different from a dental insurance plan, which is a contract between an individual and an insurance company. A dental trust is funded by contributions from
Dental Practice Ownership – Service Trusts Explained Read More »
A specialist is a professional who has chosen to specialise by a specific industry or client type and use their knowledge efficiently to stand from the crowd. Benefit to the client comes from acquiring knowledge that not everyone has by: Understanding of the way the dental business operates Spending more time on the industry Exposure
Why Choose a Specialist Dental Accountant? Read More »
We play a crucial role in helping veterinarians manage their finances effectively. We can assist with various tasks such as bookkeeping, tax preparation, financial planning, budgeting, and cash flow management. By providing accurate financial information and advice, accountants can help vets make informed decisions that can lead to improved profitability and growth. Additionally, we help
Ways That Accountants Look After Vets Read More »
Cost savings: A specialist tax advisor can help health professionals save money by identifying tax deductions and credits that they may not be aware of. Compliance: Tax laws and regulations in the healthcare industry can be complex and constantly changing. A tax advisor can ensure that health professionals are compliant with all applicable laws and
10 ways Health Professionals Benefit from Our Services Read More »
