News

WEBINAR: Tax Reform & Planning Opportunities for Physicians, Dentists, and their Practices

In this free webcast, you’ll learn about the potential planning opportunities available to you and your medical or dental practice, and how the changes could impact your tax liability for 2018. We’ll review changes to tax rates, exemptions, credits, Section 179, the new 20% deduction for qualified business income (also referred to as the “pass-through deduction”), and new considerations for your business entity…

Book Review: The Five Dysfunctions of a Team – A Leadership Fable

The Five Dysfunctions of a Team by Patrick Lencioni is a must read for anyone that works in a close team environment. Patrick Lencioni uses a fictional story to lay the groundwork for a model that applies to any team. The story is engaging and keeps the reader’s attention as we learn about how to create a functional team…

Client Spotlight on QSL: Leaving a Legacy in the Family Business

Working alongside their parents and siblings isn’t for everyone. But for the Koke family, owners of QSL Print Communications, such an arrangement is second nature. In fact, the fourth generation of leaders at the Springfield company say working with family members is one of the…

Dental Practice Lifecycle: The Developing Stage

Most dentists are in the second stage of the dental practice life cycle. They’ve purchased their practice and made it through the first, tumultuous years, and are now settling into some kind of routine. This stage will continue until you start getting ready to sell your practice, which for most dentists could be anywhere from 25 to 35 years in the future…

Benchmarking Your Key Performance Indicators

Many practice managers do not perform any kind of benchmarking and therefore never realize the true potential of their practice. With minimal improvements, a practice can see a significant increase in cash flow and a better bottom line.