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Set Yourself Up For Financial Success After GraduationBecoming a dentist or medical doctor requires a significant delay to enter the workforce. Choosing to enter into these professions means that earning potential is delayed until around 30 years old. InvestingDoc knows the path to getting established in your career is fraught with debt and feelings of being entitled to luxuries after working hard in school. Continue below to find out how to move past these feelings and pave the way for financial success.
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Have a Household Employee? Be Sure to Follow the Tax RulesYour babysitter or the person who mows your lawn the IRS might consider them to be household employees. That means you're on the hook to properly report and pay taxes relating to that employee. What follows are the factors the IRS looks at to determine whether someone is considered a household employee and if they are, what you may be responsible for.
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Dental Devices And Technology As a Selling PointFor as much as you invest in your dental tools and products, your patients may not care because they don't understand how your devices work. By helping them understand you can also market your practice as state of the art.
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How to Calculate the ROI of your Dental SoftwareDental software can be one of the best investments for your dental practice, but it can also be an unprofitable investment if you select a system that doesn't deliver enough value. How can you tell if your software has a positive ROI (Return on Investment) for your dental practice?
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Unlicensed Dentist Charged With Driving Patients to Tijuana for 'Low-Cost' Dental CareOfficials say a formerly licensed dentist took a commission in exchange for bringing patients into Mexico for dental implants.
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Why I Love My Second HomeWith compounding costs and extra work, purchasing a second home is not on the average person's to-do list. But for some families, the joys of a home away from home outweigh the stressors that accompany owning a second property. Physician on Fire and his family are amongst this small population. Continue below to learn about POF's journey to owning a cabin.
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Complete Health Dentistry: The Mouth and Body ConnectionThe U.S. health care system treats oral health as thought it is completely separate from overall health. But the more that is learned about diseases like heart disease and stroke, the clearer the link between the mouth and the body becomes. Dr. Tiky Swain takes the complete health dentistry approach in her practice. This is why you should, too.
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Chicago Midwinter Meeting: 5 Ways to Turn On the New Patient FaucetIt's always possible to bring new patients into your dental practice. You just need to use the right marketing approach. That was the message of Michael Abernathy, D.D.S., during his continuing education session at the Chicago Midwinter Meeting last week. According to Abernathy, the key to successful marketing is to make sure that the proper practices are in place before you begin.
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4 Regrettable Times Dentistry Made the NewsDentists are hardly seen as the edgy rebels of the medical industry. In fact, a career in dentistry usually comes with a clean reputation and rarely makes headlines. But like any demographic, there are outliers. Below are dentists who have made the news for the wrong reasons.
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Deaf Patients in the Dental Office: How You Can HelpIt's important for a dentist to be able to welcome and engage all patients. These tips will help dentists accommodate patients who are deaf and hard-of-hearing.
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Yes, It Can Happen to You: Protect Your Patient Data.It's a dentist's job to focus on oral hygiene. But increasingly, online threats demand dentists' attention to their data. What steps should dental practices take to better protect their customer data and their own internal systems?
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Is Back Pain the Bane of Your Existence?Dentists have one of the highest rates of back pain and injury in the medical industry, but many fail to take preventative measures until it's too late. After a frightening experience that left him in pain and unable to function, Dr. Edward Alvarez is determined to help himself and his peers counteract one of the biggest risks of working in the dental profession. Continue below to find out more.
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10 Reasons to Sell a Mutual Fund Other Than Poor PerformanceThough it may seem counter-intuitive, there are plenty of reasons to dump a mutual fund or exchange traded fund (ETF) besides poor performance. Below are 10 reasons it might make sense to sell a solid performer.
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Practitioner Breaks New Ground with Outside-In, Inside-Out ApproachFrank DiMauro, D.M.D., is taking his dentistry to a higher level. By being able to understand the relationship dentistry has to the face, and conversely, the relationship the face has to dentistry, he's enriching patients' treatment plans for their entire oral and facial health.
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How to Stay Focused When the Stock Market Soars or SinksMarket timing doesn't always work. Have a long-term plan and determine if you're overinvested or underinvested in U.S. stocks, foreign stocks, and bonds.
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When Looking for New Hires, Take it SlowThe people you hire can make or break the success of your practice. No one knows this better than Dr. Anne Marie Gorczyca, whose book "Beyond the Morning Huddle- HR Management for a Successful Dental Practice" outlines a hiring process to optimize your results. Continue below for more of Gorczyca's hiring advice.
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Charlie Sheen Sued Over Outburst at Dentist's OfficeThe controversial actor Charlie Sheen is being sued after dental office employees say he threatened them during a 2014 appointment.
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The DMD Top 5 for the Week Ending April 28A dentist is accused of performing a tooth extraction while standing on a hoverboard and videotaping the stunt to share with his friends. A few travel websites have announced last-minute deals for summer vacationers. And taxpayers in these states aren't getting much in return of the money they pay. Find out what other stories were among our five most popular last week.
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Determining When to Sell a StockInvesting and purchasing stocks are highly influenced by emotions. But how can one know when it's time to sell? These simple tips can help you cut through your personal bias and see reason. Continue below to find out more.
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Is Your Practice a Good Fit for a Cash Balance Retirement Plan?Not sure whether a Cash Balance Plan is right for your practice? Here are the 6 key factors that make your practice a good fit for a potential plan.
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Vertical or Horizontal? A Travel Photographer's Tricky QuestionHorizontals come easy. It is the way we see the world. But sometimes a vertical photo is the best way to capture a subject. So how do you know when to make that choice?
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Should You Buy Critical Illness Insurance?Critical illness insurance can act more like a lottery ticket than serious insurance, so is it worth buying?
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You Just Graduated Dental School. Now What?Dental school graduation season is upon us. Though the years of hard study have just ended for recent grads, many new, business-related challenges lie ahead, many of which predecessors didn't have to contend with. Dentist's Money Digest® reached out to several dental professionals to get their take on what new dentists need to keep in mind as they begin the next leg of their clinical journey.
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How to Reorganize Your Office to Make It More Comfortable for Your ClientsAlways striving to convince people that dentists are not scary might not be enough. Targeting the office environment may be the thing that takes the practice to the next level. Using these tips to redesign the office space can change the impression the practice makes on current and future patients.
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What Every Dentist Needs to Know About Disability InsuranceWhat do you need to know in order to file a disability claim as a dentist? First and foremost, review your policy to make sure you're properly covered.
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How Dentists Benefit By Integrating Financial Fitness into Holistic WellnessFinancial health can often affect physical health. Making sure you take into consideration this financial health is crucial, and you can help your practice team members focus on their financial health as well.
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Weekly Tech: The Alzheimer's Drug that Stimulates Tooth RegenerationTechnology is quickly transforming dentistry. From digital record-keeping to machines that seem straight out of a SciFi feature, the 21st century has gifted the medical industry some amazing devices. Dentists are especially proactive about adopting new technology in their practices, so DMD is bringing you a weekly spotlight on some of the best products on the market. Continue below to read about this week's focus, drugs.
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Dr. Z's Top 10 List of Medically Billable ProceduresDentists perform many procedures. But which ones have possible medical coverage? Dr. Olya Zahrebelny shares what her years of experience have taught her about medically billable procedures with a comprehensive list. Continue below to find out more.
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Deciphering Your Long-term Care Insurance Policy in AdvancePurchasing long-term care insurance is an inevitable part of becoming a senior. However, disentangling the advantages and disadvantages of a given plan can be overwhelming. For those who have already secured a policy, it is important to understand its features and limits. This financial planner will help you break down your coverage to ensure your needs are met.
