Running a successful dental practice requires more than just being an experienced dentist. A dental practice is a business. For it to be successful, the business aspects of it, including balancing financial accounts, managing payroll, interacting with the IRS, and budgeting, must be handled properly and promptly. Most dentists don’t have time to do this, so they benefit by calling on the services of a dental CPA.
A dental CPA is a certified public accountant who focuses on helping dental practices. Because of their keen understanding of the dental field and of the financial challenges dentists face, they are able to offer expert advice and economical steps dentists can take to make the most of their practice.
A dental CPA is familiar with the unique tax obligations dentists face. Although they were never trained as dentists, over the years of working with dentists, they have garnered knowledge particular to dental practices that allows them to offer valuable and insightful advice.
A CPA who works with a dentist should have experience in managing and building the financial aspects of a dental practice successfully. Dentists have worked too hard and have built too much to have rookie CPAs handling their finances. Experienced CPAs for dentists bring with them a keen understanding of tax management, bookkeeping, and overall fiscal management.
Learn more about accounting for dentists and see how Duckett Ladd, LLP has been helping dentists build a practice that supports the life they want to live by visiting their website
