Hot Topics
The terrible tax consequences of operating a healthcare practice as a "C" Corporation.
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Most doctors will practice an average of 35 years. The number of years a doctor ultimately practices, multiplied by the income he or she earns over that period, equals Lifetime Income. A doctor’s Lifetime Income will be greatly affected by career decisions that may include buying a practice, joining a practice as an associate, or for those real risk-takers, starting a new practice from scratch. But are all of these career choices equally wise? Which has the greatest impact on the doctor's Lif
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The old adage that “cash is king” certainly holds true in this global financial crisis that we are in today. The terms “the only certainty is uncertainty” and “the only consistency is inconsistency” only makes things all the more difficult to sort things out and try to plan for your financial future.
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Ask a recent dental graduate for a description of the practice he or she would like to purchase and you will hear, “I want a high quality crown and bridge practice, in the best area of town, where I can do my kind of work on my kind of patients.” For that matter, it would be amazing if a purchaser ever had a different response. Vanity is usually the reason he or she wants to purchase this kind of practice, but is it really the best opportunity?
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This is a compounding rule applied to interest and used to determine how many years it takes for an investment to double in value in a tax deferred environment...
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Events
September 08, 2010 - September 08, 2010
September 16, 2010 - September 17, 2010
September 17, 2010 - September 18, 2010
September 22, 2010 - September 22, 2010
September 23, 2010 - September 24, 2010
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Closing Announcements
Thomas R. Henry, D.D.S. and Philip H. Jones, D.D.S. have acquired the practice of Christopher H. Baker, D.D.S.
- Tacoma, WA
Brian M. Hunter, D.D.S. has joined the practice of Frank C. Lamothe, D.D.S.
- Portsmouth, NH
Douglas Peterson, D.D.S. has acquired the practice of Albert E. Sacco, D.M.D.
- Little Silver, NJ
Sanjay C. Jagani, D.D.S. has acquired the practice of Yu Liu, D.M.D.
- Robbinsville, NJ
View most recent Closing Announcements