Tax and Accounting Services for Your Chicago Dental Practice
Hiring an accountant for your dental practice is a great idea for many reasons. An accountant is a financial expert that can help you in a variety of aspects of your business. Also, when you choose an accountant that specializes in the dental industry, you can get that extra insight about your industry. Below, check out some of the tax and accounting services the dental accountants at Engage Advisors can offer you.
Bookkeeping is not something you probably get excited about, but our financial experts do get excited about it. We can take over your bookkeeping so that you don’t have to worry about it. We will automate your bookkeeping processes, but we will still give you access to these processes so that you have clarity about what is going on in your business.
Dental dashboards are a way we track what is going on with your business. It is important to track different aspects of your business so that you know how your team is performing and you know where you need to improve. The BlueIQ dashboards we use can help you see what is going on and work to improve areas that need a little bit of extra attention.
It seems like taxes are constantly changing. There are new things that need to be considered and prepared for all the time. However, our tax experts are always staying up to date on these changes to tax law, so we can help your business plan for it. We don’t want you to be caught off guard by your tax bills, so we work on making this a part of your financial plan. We can also work to help you reduce your tax burden.
How is your payroll system set up? Does it work smoothly? We can help! We offer a cloud-based payroll solution that includes features like paperless reporting, a secure employee portal, and employee direct deposit.
What is your overall plan for your dental practice? Do you have specific financial goals? Do you know where your practice needs to improve? All of these are important questions that can get you thinking about your overall financial strategy. Engage Advisors offers you financial strategy meetings to talk through some of these questions and more. We help you review historical trends, set goals, and uncover opportunities for growth to be sure your practice is heading in the right direction.
There are different filing requirements for your state and for the IRS. It can be a hassle to file your returns by yourself, and you may never know if you are doing it right. Let our tax experts help you file your returns so that you can focus on other aspects of your business.
Those are some of our tax and accounting services that we offer you, but those are not the only services we offer. Below, you can check out more things that we can help your dental practice out with. Also, if you have any questions about the services listed above or below, you can reach out to us today.
Other Dental Accounting Services from Engage Advisors
We offer all the tax and accounting services listed above, but we have other financial services to help you out. Check out these other services below.
- Financial Planning – What is your plan for your financial future? Many people get offered a retirement package through their work, but when you own your own dental practice, you have to create your own retirement. There are a lot of things to consider with your retirement and even your current lifestyle. That is why we offer financial planning services. These services can help you get the life you want now and help you plan for what you want for your future, as well. Our financial experts specialize in planning with people who own dental practices and work in the medical industry. We take our specific industry knowledge and apply it to your situation so that we can come up with the best possible solutions for you and your future.
- PPO Negotiations – We offer a risk-free analysis to see if we can help your dental practice improve its PPO payouts. We will do an evaluation to see if we can help; if we can’t help, you do not have to pay for our services. However, we offer services to help you with custom negotiations and solutions that help fit your specific dental practice.
- Transitions – If you currently own a dental practice or you plan on owning one, you may need help with transitions associated with this practice. Whether you are buying or selling a practice, you probably want some financial advice and a trusted financial expert to help you out. It is important to have the right information when you are looking into purchasing a dental practice, and we can help make sure you have that information. When it comes to selling your dental practice, there are a lot of different things to consider; we can help you with things like marketing, having a buyer qualification process, and so much more. This can help you more easily through the transitions you go through as part of owning a dental practice.
Engage Advisors specializes in providing you with financial services for your dental practice. We work with those in the dental industry to help them with their current finances and even to help them plan for the future. Reach out to us today if you have any questions. We can set up a call to talk through how our services could help your Chicago dental practice.
How to get started.
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Discuss Your Opportunities
We’ll walk through our findings and present you with opportunities to save and grow in your practice.
Enjoy a thriving Practice
Watch your practice grow to new heights from the right financial advice at the right time.