In this episode of The Art of Dental Finance and Management podcast, Art discusses the current state of the economy, where he thinks the economy is headed, and how it might affect your dental practice in the long term. Art also speaks on the importance of owning real estate and how to best navigate this tax season. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. More information about the Eide Bailly dental team can be found at www.eidebailly.com/dentist. [CALL OUT BOX – We Can Help button] Being more strategic in all aspects of your ..read more

In this episode of The Art of Dental Finance and Management podcast, Art speaks with Dr. Christopher Green, cofounder of The Practice Launchpad. Art and Dr. Green discuss what dentists should consider before starting their own practice, whether opening their first practice, or expanding an existing practice to multiple locations. It’s important for dentists to carefully analyze the opportunities, challenges and potential pitfalls before endeavoring on practice ownership. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. More informatio ..read more

In this episode of The Art of Dental Finance and Management podcast, Art meets with Daren Pladson, Principal and Senior Wealth Advisor at Eide Bailly. Art and Daren discuss how dentists can continue to build wealth by investing in the financial market, despite economic uncertainty. The key to good, healthy confidence in your financial future is to develop a plan and work with your financial advisor in order to withstand the volatility. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. More information about the Eide Bailly dental team ..read more

In this episode of The Art of Dental Finance and Management podcast, Art meets with Brannon Moncrief, Principal and CEO of McLarren & Associates, a dental transitions advisory firm. Art and Brannon discuss how dentists should evaluate the various aspects of transitioning to a DSO or taking on a private equity partner. Some key areas for dentists to consider include: • Calculating EBITDA and practice value • Comparing DSO options and various deal structures • Reviewing different types of buyers available in the marketplace • Determining if and when it makes sense to pursue a DSO affiliation ..read more

In this episode of The Art of Dental Finance and Management podcast, Art meets with Mel Schwarz, JD, CPA, Director of Legislative Affairs in Eide Bailly’s National Tax Office. Art and Mel discuss the various tax legislation influencing dentists’ year-end tax planning and how to best minimize tax liabilities. Some tax considerations include: • Employee Retention Credit (ERC) • Inflation Reduction Act (IRA) • Energy efficiency incentives • Electric vehicles • Tax-exempt organizations • Recognizing capital gain • Retirement plans • Tax rate increase • Depreciation of equipment and vehicles • Dedu ..read more

In this episode of The Art of Dental Finance and Management podcast, Art meets with Ben Peeler, Eide Bailly’s Tax Controversy Practice Leader to discuss how dentists can avoid common IRS pitfalls and better navigate the complexities of tax resolution. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. More information about the Eide Bailly dental team can be found at www.eidebailly.com/dentist. Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-c ..read more

The financial aspect of retirement planning is not the only thing to consider. When you retire without a plan for how you’ll spend your free time, research indicates it can lead to disenchantment. Developing a non-financial retirement life plan and “practicing retirement” beforehand could help prevent that. In this episode of The Art of Dental Finance and Management podcast, Art meets with Alan Spector, author of Your Retirement Quest – 10 Secrets for Creating and Living a Fulfilling Retirement. Alan speaks on how dentists can avoid some of the common retirement pitfalls so they can live a ful ..read more

Like all entrepreneurs and business owners, dental practice owners experience tremendous personal and professional growth when they undergo leadership development training. In this episode of The Art of Dental Finance and Management podcast, Art meets with Chelsea Myers, Founder and CEO of Dental Life Coach to discuss how dentists can learn new strategies to empower their dental team with leadership development training. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. More information about the Eide Bailly dental team can be found at ..read more

In this episode of The Art of Dental Finance and Management podcast, Art meets with Ray Martin, to discuss how dentists can transition from private insurance to Medicare after the age of 65. There can be complexities in applying for Medicare and Ray helps make the process less daunting. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. More information about the Eide Bailly dental team can be found at www.eidebailly.com/dentist. Being more strategic in all aspects of your dental practice will lead to increased profitability. https://ww ..read more

In this episode of The Art of Dental Finance and Management podcast, Art meets with Chief Strategy Officer of Fortune Management, Jennifer Tyson, to discuss strategies for dentists to preserve their private practice ownership. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. More information about the Eide Bailly dental team can be found at www.eidebailly.com/dentist. Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm ..read more