20 Practice Ignition Business Club (6)

Future Events

Washington Academy of General Dentistry

Part of the 2024 MasterTrack Series. Speaking sessions to be announced! 

Thursday, September 19th, 2024

Washington AGD, 19415 International Blvd, Suite #410, SeaTac, WA 98188

More Info Coming Soon!

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Understanding BOI Filing Requirements for Dental Practices: What You Need to Know

Written by Kevin J. Bray, Partner @ the Dental Accounting Group As a dental practice owner, staying compliant with the ever-evolving regulations is essential to maintaining your business’s integrity and avoiding unnecessary penalties. A critical new requirement for businesses, including dental practices, is the Beneficial Ownership Information (BOI) filing mandate. This regulation is aimed at enhancing

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Scaling Success: How Your Dental Practice Measures Up

Written by Kevin J. Bray, Partner @ the Dental Accounting Group Navigating the financial landscape of a dental practice is a bit like perfecting a smile makeover – it requires precision, expertise, and a keen eye for detail. As dental CPAs specializing in accounting and business advisory for more than 400 dental practices in the Pacific

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2024 Cyber Security Update

The following alert comes from the American Dental Association.   On Tuesday, May 6, 2024, the FBI informed the ADA and the American Association of Oral and Maxillofacial Surgeons (AAOMS) of a credible cybersecurity threat to the practices of oral and maxillofacial surgeons. The FBI said that as of that date, there were no known

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Announcing the 2024 DAG Scholarship Recipient!

We are proud to announce the recipient of the Dental Accounting Group Business Leadership Scholarship. The Dental Accounting Group Business Leadership Scholarship (DAG Scholarship) Scholarship Vision To help bring awareness to the business side of dentistry and encourage young dentists to pursue private practice ownership. We felt it was necessary to launch this scholarship initiative

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Dental Economics Revisited: Are the New 2024 Washington Delta Dental Reimbursement Changes Sufficient?

Author: Kevin J. Bray, Partner @ The Dental Accounting Group Starting in 2020, Washington Delta Dental (DDWA) introduced pivotal changes to its Provider Reimbursement Model (PRM), designed to address the economic challenges and feedback from dental care providers across the state. This collaborative approach has culminated in a revised system that’s attempting to meet the

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News You Can Use – Issue 3: October 2023

RETIREMENT PLAN LIMITS The 2023 maximum total contributions to a defined contribution plan (401k/Profit Sharing, SEP) is $66,000 or $73,500 with an over age 50 catch-up contribution. We encourage our clients to review their retirement plan every few years to be sure they are utilizing the most advantageous plan available. DEADLINES October 31, 2022 –Personal

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The Successful Dentist – Issue 3: August 2023

Deadlines & Misc.Third Quarter Estimated Tax Payments are due by Friday, Sept 15, 2023 September 15, 2023 is the deadline for timely filing extended corporate and partnership returns. Fiduciary (trust/estate) returns are due October 2. 2022 RETIREMENT PLANSEmployer contributions for taxyear 2022 are also due on September 15, 2023 for corporations and partnerships. Individual proprietors

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The Successful Dentist – Issue 2: April 2023

Deadlines & Misc.First Quarter 2023 Estimated Tax Payments are due by Tuesday, April 18, 2023.  See Below. INCOME TAX RETURNSTuesday, April 18 is the deadline for timely filing or extending individual income tax returns. In order to avoid penalties and/or interest, 2022 tax due must be paid with the filed return or extension by April

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News You Can Use – Issue 2: April 2023

DEADLINES June 15, 2023 Quarter 2 Estimated Tax Payments QUICKBOOKS QuickBooks Pro 2023 is now available for purchase.  Please update to QuickBooks 2023 if you are currently using 2021 or older.  Or talk with us regarding switching to QuickBooks Online – this may be the best option for most! IRS STANDARD AUTO MILEAGE RATE The standard

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News You Can Use – Issue 1: January 2023

DEADLINES January 31, 2023: Deadline for all Forms 1099-NEC filing including e-filed forms Deadline for all payroll tax reports, W-2’s & W-3 February 28, 2023: Deadline for 1099-MISC if paper filing March 15, 2023: Deadline for filing S-Corp and Partnership Tax Returns or Extensions March 31, 2023: Deadline for 1099-MISC if e-filing QUICKBOOKS QuickBooks Pro

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