Annual Shareholder Meeting: Recommendations
Recommendations for holding & documenting an annual shareholder meeting.
ERC Warning: Be Cautious of ERC Solicitations
The IRS issued warnings for small business owners to beware of ERC fraud. Be cautious if you receive third-party solicitations that claim you qualify for the ERC.
Preparing Your Practice for an Economic Downturn
Implement best practices now to be better prepared for the effect of an economic downturn on a practice.
Production-Based Bonuses: Best Practices
Production-based bonuses incentivize your team to produce at their highest level. Consider these best practices when designing a bonus structure for your dental practice.
Protest Your Property Tax Appraisal by May 15th
To protest your property tax appraisal, file a Notice of Protest with your appraisal district by May 15.
Writing a Business Plan Series – Step 9: The Financial Plan
The financial plan briefly summarizes your practice’s current status & projections for future financial performance. Here is a list of elements to include in the financial plan section of your business plan.
2023 Updated Retirement Limits & Caps
The new retirement contribution amounts have changed for 2023 to keep up with inflation. Here are the new contribution amounts for 2023.
The Benefits of Paying Your Kids from Your Practice: ROTH IRA
There are significant benefits to employing your children in your practice. The most powerful benefit is the ability to fund a ROTH IRA.
Writing a Business Plan Series-Step 8: The Marketing Plan
How to write the marketing plan section of your business plan.
Benefits of Health Savings Accounts (HSA)
The tax & planning benefits of health savings accounts (HSAs).
EV Tax Credit Changes: The Commercial Clean Vehicle Credit
New restrictions on the old EV tax credit & the newly created Commercial Clean Vehicle Credit.
February 14th is National Donor Day
February 14th National Donor Day! Organ donation is a cause that we believe in & has touched the lives of our work family at Parkhurst Consulting. Take a minute today to register as an organ donor & tell your loved ones of your wishes to be a donor, should the situation arise.
Fund your IRA for 2022 & 2023 Today
You have until April 15, 2023, to fund your IRA/ROTH IRA account for 2022. It’s best to also fund your account for 2023 at the same time to get it taken care of early.
Decrease No-call No-Show Rates at Your Dental Practice with Deposits
Require deposits for new patients for procedures that last longer than 1 hour to reduce no-call no-show rates at your dental practice.