Focus on patient care while we handle your numbers
Healthcare practice owners face unique challenges: decreasing reimbursements, healthcare payroll complexity, equipment costs, and regulatory compliance. Our accounting services for dentists and doctors include specialized dental bookkeeping, financial reports analysis, and year-end tax planning that addresses the realities of running a successful practice.
We understand dental practice operations, medical professionals’ cash flow patterns, and the tax benefits available to healthcare providers. Our dental accounting expertise includes accounting software optimization, financial statements preparation, and strategic tax planning that minimizes tax liabilities while maximizing tax-free growth opportunities.
Our healthcare expertise includes:
- Bookkeeping for medical and dental offices with industry-specific categories
- Payroll and tax support for healthcare practices, including W-2 and 1099 management
- Equipment depreciation and tax benefits optimization
- Financial data analysis for practice performance improvement
- Income tax planning for high-earning healthcare professionals
- Strategic business structure advice for practice owners
Whether you’re a solo practitioner or group practice, our CPA firm provides the accounting services and financial reports you need to maintain a thriving practice while focusing on what matters most—your patients.
Complete solutions for medical and dental practices
Business Foundation Services
Starting a business or restructuring an existing one can feel overwhelming. That’s where we come in. Our foundational CPA services provide the expert guidance you need to make smart decisions about entity type selection, accounting system consulting, and tax-advantaged retirement options.
Personal Income Tax
Tax season doesn’t have to be overwhelming. Our personal tax preparation services combine cutting-edge technology with personalized CPA tax services to ensure accurate tax returns and maximum tax benefits.
Business Management Services
Running a successful business requires more than accurate bookkeeping—you need strategic insights that drive growth and profitability. Our business management services bridge the gap between basic accounting and executive-level financial guidance.
Outsourced Accounting
Running a successful business requires more than just tracking expenses—you need reliable financial systems, timely payroll, strategic tax planning, and protection from IRS issues. Our outsourced accounting services provide full-service accounting firm expertise without the cost of hiring an entire accounting function in-house.
Practice owners’ most common financial questions
Medical and dental professionals have unique accounting needs that go beyond basic bookkeeping. Here are answers to the financial questions we hear most often from physicians, dentists, and healthcare practice owners focused on building thriving, profitable
practices.
What's the best business structure for a new dental or medical practice?
Solo practitioners often benefit from S Corporation status to reduce self-employment taxes, while group practices may need partnerships or professional corporations. The choice affects liability protection, tax liability, and how you pay yourself from the practice. Our accounting services for medical professionals analyze your situation, including income levels, number of partners, and growth plans, to recommend the structure that minimizes taxes while supporting your practice goals.
How do I handle payroll for dental hygienists and medical assistants?
Healthcare practice payroll includes managing varied schedules, overtime calculations, benefits deductions, retirement plan contributions, and proper tax withholdings. You’ll need systems for tracking hours worked, processing direct deposits, and handling W-2 reporting. Our payroll and tax support for healthcare practices manages the entire process, including quarterly tax filings, ensuring you stay compliant while your staff gets paid accurately and on time.
Can I deduct continuing education and medical equipment purchases?
Yes, continuing education required to maintain licenses is fully deductible, as are medical equipment purchases (which can be deducted immediately or depreciated). Conference travel, medical journals, professional association dues, and practice-related technology are also deductible business expenses. Our accounting services for dentists and doctors ensure you capture all legitimate deductions while maintaining documentation for potential IRS scrutiny of healthcare expenses.
How should I pay myself from my medical or dental practice?
Practice owners can take a salary, distributions, or both, depending on entity structure. S Corp owners typically take a reasonable salary plus distributions to minimize self-employment taxes. The “reasonable” salary amount must reflect industry standards for your specialty and hours worked. Our tax planning for physicians and dental practices determines the optimal salary-distribution split that minimizes your overall tax burden while satisfying IRS requirements.
Do I need a CPA if my practice uses a billing service?
Yes—billing services handle patient collections, but you still need comprehensive accounting for expenses, payroll, tax planning, financial statements, and strategic guidance. Understanding your true practice profitability requires integrating billing data with all practice expenses and overhead costs. Our CPA for medical professionals provides the complete financial picture you need to make informed decisions about practice growth, equipment purchases, and compensation planning.
Let us handle the financials so you can focus on healing
Your patients need your full attention. Our specialized accounting services for dentists and doctors ensure your practice stays financially healthy while you focus on providing excellent care.