Get Practical Tips on Small Business Finance & Tax Strategy

How Should a Physician Practice Owner Pay Themselves to Minimize Taxes?

Physician practice owners who operate as S-Corporations have a significant tax planning opportunity in how they structure their own compensation.

How Do You Change Accounting Firms Without It Being a Painful Process?

Why Does My Dental Practice Tax Bill Feel Like a Surprise Every Year?

If your tax bill in April felt like a number that came out of nowhere, the problem is not your tax rate or your accountant's math.

What Are the Financial Benchmarks for a Veterinary Practice?

A healthy veterinary practice typically runs a net profit margin between 10 and 25 percent, depending on specialty, with top performers reaching 25 to 30 percent.

What Should Be in a Healthcare Practice Monthly Financial Report?

How to Mitigate Risk in a Business Tax Audit

The best way to reduce business tax audit risk is to keep clean books, document deductions at the time of purchase, and make sure your tax return tells the same story as your financial records.

What Is the Difference Between Production Per Visit and Collections Per Visit in a Dental Practice?

What Is a Normal Overhead Percentage for a Chiropractic Practice?

Why Is My Healthcare Practice Profitable but Has No Cash?