Dental CPA Services
Posted Monday, October 26, 2020
Table Of Contents
Dental CPA Services and Support Portal
Welcome to the Dental CPA Services and Support Portal! Everything you need from dental accounting to small business tax preparation to S Corp elections to payroll is located here. Need consultation? Questions about retirement planning within your dental practice? What about tax deductions and the Healthcare Enhancement Act? That’s here too. Worries about long-distance relationships? Most of our clients are primarily in California, Nevada, Colorado, Texas, the Midwest, Florida and New England, but we serve business owners in all 50 states. Long distance is a snap, and we can easily be your online dentist cpa!
Dentist Consulting
Click on the buttons below to read about our dentist consulting services including Periodic Business Reviews and Year-End Tax Planning. Anyone can balance a checkbook or put the right numbers on a tax return, but proper consultation from a dental accountants is necessary to stay ahead of the tax obligations and understand dental practice and general business nuances.
Dentist Tax Deductions
Navigating the complexities of tax deductions can be daunting for any professional, but for dentists, the challenge is uniquely intricate.
Year-End Tax Moves
The holidays are coming and people start thinking about year-end moves to minimize their taxes.
Tax Planning Strategies
Tax planning strategies are commonly addressed in December as small business owners and other taxpayers start to freak out about bringing in the New Year.
Retirement For Dentists
Most people have a pretty good handle on personal finance and basic retirement savings, and while the principles are generally the same in the small business world
Turbo Charged 401K Plan
Oftentimes business owners want to put away a ton of money in individual 401k plans, but cannot due to inherit limitations within the plan.
Auto Purchase Questions
These questions allow us to help determine if you should hold title for your upcoming automobile purchase as an individual or as a business entity.
Reasonable S Corp Salary
Determining a reasonable shareholder salary and reasonable officer compensation is the murkiest part of running an S corporation.
Periodic Business Review
Everyone wants to jump into business deductions, but like anything else we need to make sure your business foundation is set up correctly.
Business Entity Tax Return Preparation
Click on the buttons below to review our dental practice tax returns including corporate and partnership tax returns procedures and general fees. WCG and its dentist CPAs combine proper tax planning so that the tax return is not a surprise in April. A checklist and our online digital forms for compiling your business and dental practice activities is also included.
Dental Practice Tax Prep
For your business tax return preparation, our fee starts at $1,500 (with most being $1,500 to $1,700)
Get Started! Biz
Here is a quick list of the necessary steps to have WCG CPAs & Advisors prepare your small business tax returns.
Business Checklist
Here is a quick checklist to gather the things we need for your business entity tax return.
Accountable Plan
An Accountable Plan allows businesses to reimburse employees for business expenses without the reimbursements being considered taxable income by the IRS.
Home Office Worksheet
There are two versions of this worksheet; an online digital form (what you are viewing now) and a non-fillable PDF form. While we prefer the online digital version.
Vehicle Expense Worksheet
There are two versions of this worksheet; an online digital form (what you are viewing now) and a non-fillable PDF form. While we prefer the online digital version.
Fee Info
WCG CPAs & Advisors prides itself in being transparent and having a simple fee structure. Most business services and tax preparation fees will fit into the fees.
Adding Your Spouse
We’ll look at ownership first, and touch on the payroll component in a later chapter. Learn more reasons for adding your spouse to the business as an owner.
Salary Optimization
The Section 199A qualified business income deduction is a wonderful offspring from the Tax Cuts and Jobs Act of 2017.
Dental Practice Support Services
We are not bookkeepers- we are accountants who happen to do bookkeeping services specializing in dentists. Sorry for being snooty but accountants look at things very differently than bookkeepers. Most bookkeepers simply memorialize your transactions. Accountants, and specifically WCG business accountants, offer insight and advice. And while we don’t like to admit it, we are payroll specialists too.
Dental Bookkeeping Services
One of WCG’s specialties is bookkeeping for dental practices. Is dental bookkeeping special or unique!
Payroll Processing
WCG offers payroll services in a variety of forms and function, and we tailor a system that is custom to your needs.
Online Tax Accountant
WCG has been remotely preparing tax returns since 2007 using secure online client portals, text messaging, videoconferencing, and other technologies.
S Corp Payroll Worksheet
Thank you for trusting WCG for your payroll processing needs. Learn more about our S Corp Payroll.
Direct Deposit Form
WCG processes payroll for your employer. Please use this worksheet to give us basic contact and banking information for the processing of your payroll and direct deposit.
Business Event Calendar
We want you to focus on operating your business and not spend as much time administering your business.
1099 Issuance
Please use this worksheet to give us recipient and amount information for eFiling and mailing of 1099s.
Dental Practice Consultation Agenda
What do you want to chat about? You probably have a good list of things on your mind, and that usually springboards into other topics. In general, we try to touch on high level issues such as-
- tax savings, planning and income modeling
- S Corp election and operating as an S corporation (including late S Corp elections)
- Tax Cuts & Jobs Act of 2017 and Section 199A deductions (still relevant in 2020)
- dental practice fringe benefits and deductions
- expense reimbursements and the Accountable Plan
- industry analysis and peer to peer comparison (how do you compare to other dentists?)
- health insurance, ACA compliance and long-term care
- executive and fringe benefits (how do you take money out of the practice?)
- business liability
- partnership agreements, corporate structures and ownership layering (considering bringing in another dentist?)
- retirement plans including solo 401k plans, defined benefits pensions and self-deployed annuities
- asset protection and trusts, estates and probate
Business Structure and Formation Portal
Everything you need to help you launch your new dental practice from business entity selection to multiple-entity business structures. Should you select a Professional Limited Liability Company (PLLC) or a Professional Corporation (PC)? Are you considering an S Corp election? What about adding your spouse to the business? Click on the button below to be taken to our Business Structure and Formation Portal.
Client Reviews and Expectations
When doing business, either online or face-to-face, you want peace of mind that things will go smoothly. Furthermore, if things don’t go as planned, then you want comfort in knowing they will be taken care of. WCG takes customer service and satisfaction very seriously.
WCG is a full service tax preparation, accounting and small business consultation firm, and we look forward to working with you!
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Table Of Contents
Tax Planning Season
Tax planning season is here! Let's schedule a time to review tax reduction strategies and generate a mock tax return.
Bookkeeping Services
Tired of maintaining your own books? Seems like a chore to offload?
Dental Consulting Services
hey there, we are super cool. contact us.
The tax advisors, business consultants and rental property experts at WCG CPAs & Advisors are not salespeople; we are not putting lipstick on a pig expecting you to love it. Our job remains being professionally detached, giving you information and letting you decide within our ethical guidelines and your risk profiles.
We see far too many crazy schemes and half-baked ideas from attorneys and wealth managers. In some cases, they are good ideas. In most cases, all the entities, layering and mixed ownership is only the illusion of precision. As Chris Rock says, just because you can drive your car with your feet doesn’t make it a good idea. In other words, let’s not automatically convert “you can” into “you must.”
Let’s chat so you can be smart about it.
We typically schedule a 20-minute complimentary quick chat with one of our Partners or our amazing Senior Tax Professionals to determine if we are a good fit for each other, and how an engagement with our team looks. Tax returns only? Business advisory? Tax strategy and planning? Rental property support?
























