August 4, 2014 admin

Dental CPA Fees

Service Packages

Call us: 512-497-4946

Platinum Package: Bookkeeping / Tax Services / Growth Assistance for Dental Practices/Owners

Dental CPA Fees – $1350/month

  1. Includes everything in Gold Package.
  2. Financial statement completed each month by the 5th business day.
  3. Two (2) tax projections for one practice owner doctor each year.
  4. IRS/State Notices (non-payroll related)
  5. Communicating with third parties (loaning institutions/financial planners/401k Administrator/etc.)

Gold Package: Bookkeeping / Tax Services for Dental Practices/Owners

Dental CPA Fees – $700/month

  1. Includes everything in Silver Package.
  2. One (1) tax projection for one practice owner doctor each year.
  3. Answers to your tax questions. (There might be some limitations.)
  4. Tax Coaching
  5. S-Corp or Partnership tax return, if needed. (One Yearly federal and one state tax return for the dental practice.)

Package Gold/Platinum Only
Tax strategies we coach on. (All strategies do not apply to everyone.)

  1. Entity Tax Status Selection (Disregarded or PLLC / S-Corp / Partnership)
  2. Salary Optimization – (S-Corp OR Multiple Dental Practices)
      • Help reduce FICA Taxes (15.3% of self-employment tax / payroll tax)
      • Increase 199a deduction to reduce federal income tax.
  3. Strategies to maximize Travel Deductions
  4. Strategies to maximize Dining Deduction
  5. Home Office Deduction
  6. Principal Place of Business (Administrative Office)
  7. Strategies to maximize Auto Deduction
  8. Tax Free Rental Income
  9. Depreciation Options
      • Sec 179
      • Bonus
      • MACRS
  10. Consider Retirement Plans
      • Traditional/Roth IRA Contributions
      • Retirement Plan Contributions for the Business
      • Backdoor Roth IRA
  11. Health Savings Account
  12. Hiring Your Children
  13. Hiring Your Relatives 

Silver Package : Bookkeeping for Dental Practices

(No tax questions or services.)

Dental CPA Fees – $400/month

We use an inhouse built accounting software. (No QuickBooks online subscription needed, saving you $60/month.) 

1. Monthly bookkeeping service by Dental CPA. 

  • Monthly Balance Sheet
  • Profit and Loss Statement Monthly and Year to Date 
  • Statement of Cash Flows
  • General Ledger

2. Overhead Percentages
3. Bench marking analysis
4. Filing form 1099 for vendors that we have receive W-9s
5. Phone calls/meetings/advisory services related to your dental practice

 

 

Call us: 512-497-4946

Qualifiers:

  1. This offer is for new clients only.
  2. Revenues of up to $1 Million. (Call us for practices over $1 Million in collections.)
  3. Up to 5 bank /credit card /line of credits included in price. (After that it is $15 per account per month.)(All Packages)
  4. Price is per practice location.(All Packages)
  5. Package 2 is only available for businesses in Texas
  6. Package 2 may have a setup fees if not started in January.

Expectations from client:

  1. Provide information in a timely manner.
  2. Business accounts are not used for personal expenses.
  3. Multiple business owners do not comingle deposits and payments for different businesses.
  4. Maintain proper IRS documentation for deductions. (Example : Mileage logs, Receipts with notes on them, timesheet/job descriptions for family members.)
  5. Provide a valid credit card for our file to be charged for monthly charges and other projects.

Call us: 512-497-4946