| 1. |
How does the new Tax law affect me personally and my practice?
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| 2. |
What are the pros and cons of taking the ‘section 179’ accelerated depreciation on new equipment?
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| 3. |
Is my hygiene department both effective and efficient compared to other offices?
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| 4. |
Do I pay my staff more or less than other dentists?
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| 5. |
Are my fees in line with other offices?
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| 6. |
Am I taking advantage of the best retirement plan for me considering my earnings, my age, the ages of staff members and the tax deductibility? Is my SEP / Simple IRA plan in compliance? When should I tackle a 401K?
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| 7. |
What can I do to prepare now for 2020 taxes? 2021?
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| 8. |
How can I tell if an employee is stealing from me?
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| 9. |
What about re-negotiating my lease? Should I buy a building rather than rent?
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| 10. |
What should my overhead be? What is the average for dentists, both general and specialists?
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| 11. |
What can I do to increase the value of my practice?
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| 12. |
If you operate your practice as a corporation, ask if you are correctly keeping your personal expenses separate from your corporate expenses. Is your practice reimbursing you correctly?
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| 13. |
Discuss how having family members on the payroll might be beneficial. Ask if you are documenting your family members’ employment records correctly.
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| 14. |
Ask your CPA about the tax rules for business travel. What about entertainment under the new law?
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| 15. |
Ask your CPA for a professional opinion as to which business entity form would be best for your current situation.
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| 16. |
Ask your CPA about the deductibility of health, life, disability, malpractice, general overhead and workers compensation insurance.
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| 17. |
Ask about the tax consequences of replacing that gas-guzzling SUV, which your practice expensed a few years back.
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| 18. |
If you own your building, ask your CPA about a “cost segregation analysis” and if accelerating the depreciation of assets within your office building would be helpful.
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| 19. |
Are you ready for an IRS audit today? Ask about your business tax record requirements, and what your CPA needs from you.
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| 20. |
Ask your CPA how a tax qualified retirement plan might benefit you.
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| 21. |
Ask your CPA about how the asset allocation if buying / selling a practice could affect your tax position both negatively and positively.
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| 22. |
Is goodwill an asset of my corporation or is it a personal asset? Does it matter?
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| 23. |
Would a Health Savings Account be right for me?
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| 24. |
What are the main ‘red flags’ to the IRS?
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| 25. |
What is a 1099-K and why is my credit card company sending me one? What do I do with it?
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| 26. |
How do the health care reform acts legislation affect me?
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| 27. |
Ask if the dental insurance companies are compensating you fairly and at maximum reimbursement? |
