Why do you need a CPA?
As a business owner, you are faced with a host of responsibilities and decisions that can feel overwhelming. Bookkeeping, financial planning, and practice management all take time you would likely prefer to spend with patients. The right accountant can help you minimize taxes, increase revenues, and improve the health of your business, while allowing you to focus more of your time and energy doing the dentistry you love.
What is a Dental CPA?
A Dental CPA is an accountant who works extensively with dental professionals. Dental CPAs invest time to learn the nuances of the dental industry, monitor trends and advancements in dentistry, and understand the unique business needs of a dental practice.
Why should you choose a Dental CPA?
A skilled Dental CPA can provide more specialized advice than an accountant who works primarily with other industries. Your Dental CPA has studied the tax codes for the best ways to minimize your tax burden now and will have strategies for affecting next quarter and next year, as well. They can provide personalized business and financial advice to help you grow your practice and reach your personal and practice goals.
What can a Dental CPA do for you?
Your Dental CPA knows how your practices finances reflect your business operations and will use your financial reports as a diagnostic tool to illustrate areas of opportunity in your practice. As a business advisor, they will use data on your practice health, fees, staffing, and more to see how you compare to your competitors. Your Dental CPA can suggest ways to achieve greater efficiency, productivity, and financial health. They can provide you with expert advice on the best time to add another dentist, invest in new equipment, or consider opening a new location.
How can you learn more about Dental CPAs?
You can learn more about Dental CPAs or find one in your area by contacting Allen Schiff, Dental CPA and president of the Academy of Dental CPAs. Visit https://schiffcpa.com/ or call (401) 321-7707.