Money

How to navigate the world of real estate and avoid paying thousands of dollars you don't have to.

Dr. Marc Cooper explores how a new policy decision by major U.S. insurance companies could have far-reaching effects.

10 important points you need understand about your financial report and why they are important for you.

An analysis of treatment plans and what dentists can do to maximize the number of patients that move ahead with treatment.

A discussion of what is to come during Trump's presidency and how taxes will be affected.

Doctors considering practice ownership are often faced with the complex choice between a startup practice or an acquisition.

Comparing Donald Trump’s tax to dental practice income and the dentist’s tax.

Dentists closely watch their bottom line. As practice owners, the first priority is patient care, followed by keeping overhead down. So when hygienists ask for a raise, doctors immediately think, “How much is that going to cost me for the year and is it really worth it?”

Although collecting payment from delinquent patients may be uncomfortable, it is a necessary part of keeping a practice healthy. This paper examines trends in accounts receivable and how accounts receivable balances have changed since 2011.

Dental practice transitions many times include a seller who wants to discontinue working as a dentist and a buyer who feels that he or she can dramatically improve the bottom line of the retiring dentist.

With year-end approaching it is time for dentists to think about making equipment and technology purchases if they want to expense (depreciate) those assets on their 2016 tax return. While the rules for depreciating equipment have changed dramatically, one thing remains constant. Equipment must be “placed into service” before any depreciation may be taken.

Should your staff understand your practice’s financials? The short answer is yes. How can your team appreciate the effects of their actions unless they do?

One of the biggest mistakes in the realm of personal financial management is not having an estate plan created by an expert in estate tax.

Insurance experts Teresa Duncan and Bridget Fay break down the things you need to know about insurance in the dental practice.

Since it is rare for a dentist to be involved with a court and lawsuit, the unknown time, effort and cost of such a disposition of value in the hands of attorneys, experts and a judge is almost surely something that the dentist is not aware.

Digital Esthetics magazine explores the shadowy world of the gray market, where people can buy unverified dental products for cheap-and possibly endanger patients in the process.

Case acceptance is a hot topic in our industry-how to get the patient to want to spend money on dentistry. I have heard so many different presenters teach various different ways to accomplish this.

Hiring a consultant is not cheap, so to get your money’s worth, there are several pitfalls you should be sure to avoid.

Seasonality trends are something most dentists experience, and deciding how your practice will deal with the highs and lows is important to keeping your practice healthy. Here are five tips on how to manage seasonality in your practice.

Learn how Dentimax is helping dentists navigate the ins and outs of EHR incentive claims and the associated meaningful use guidelines.

People have been lending money to family members since money was invented. Relatives may lend funds to help start a business, pay for education or alleviate an emergency situation. Unfortunately, in my experience at Levin Group, many dentists have experienced financial setbacks and emotional stress after lending to family members who couldn’t pay them back.

Accounts receivable is often a significant part of a dental practice’s financial health. Due to common dental benefit practices and late patient payments, dentists are often owed a significant amount of money. Although carrying an accounts receivable balance is common and in many cases unavoidable, reducing the outstanding financial burden can improve cash flow and overall practice health.

Knowing about goodwill and the necessary attributes for the dentist's practice valuation can be critical in a divorce.

Britain’s decision to exit the European Union has brought with it all the expected trappings of a significant news event - projections of crazy market volatility, wild headlines and a fair dose of uncertainty about the long-term impact on the global economy and our individual financial lives here at home.

Eight strategies that have helped dentists maximize their income and reduce taxes, in addition to other expenses. This in return allows additional monies to be working for them and their families.

Embezzlement can happen in any practice. Even yours.

Gary Takacs sits down to talk to dentists about the three most important metrics in the dental practice … and how they can reach the right numbers in each of them.

The new database is designed to save dentists time and money when dealing with insurance companies.

A dental practice employee embezzles greedily from her employers. Why did she do it, and how can dentists ensure it doesn't happen to them?

Why is measuring and preparing for seasonality important for dental practices? It could create major cash flow problems.