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.
The SECURE Act 2.0: What You Need to Know
Notable retirement plan provisions in the SECURE Act 2.0.
Beginning of the Year Payroll Checklist
Start your 2023 payroll off right with this helpful checklist.
1099s: The Ghost of Contractors Past
Reminder to get W-9s for contractors who were paid $600+.
The Benefits of ROTH Conversions in a Bear Market
Now is a great time for a ROTH conversion!
22 tax breaks for your small business
Make the most of these tax savings now to reduce your tax payments in 2022. We think you’ll agree it’s worth a few minutes of your time!
From the firm: Resolutions for your business
It’s that time of year again...when we reflect on the past year and start to look ahead to the next, along with evaluating any changes we want to make.