Specialized Dental Accounting Services to Maximize Your Practice’s Profitability

Bookkeeping is tedious and time-consuming work, even when embracing automation and DIY accounting software, which still demands your time and attention. That's why 1-800Accountant offers a tax-deductible, full-service bookkeeping solution to busy dental practices. Your dedicated bookkeeper will work closely with you, providing personalized support while ensuring your books are managed accurately and efficiently, giving you the insights you need to make critical, data-backed business decisions.

Dentists should work with accountants who specialize in the nuances of accounting for dental practices. Consider a prospective accountant's experience, credentials, services, and pricing when evaluating their suitability. 1-800Accountant provides a comprehensive suite of professional accounting services to dental practices nationwide, serving all 50 states. Our CPAs have more than 17 years of experience on average.

Our robust, full-service payroll solution handles all of your requirements and responsibilities each pay period. Here's how it works: Your payroll expert will collect and address your dental employees' hours, earnings, deductions, and other data required to calculate net pay. They will then distribute wages to your employees and report and remit associated taxes to the relevant governmental authorities.

Our accounting solutions offer in-depth financial reporting and analysis to help you make critical business decisions in real-time based on accurate, up-to-the-minute data. These insights can improve several aspects of your dental practice and positively impact the overall profitability of your operations.

1-800Accountant's proprietary bookkeeping platform, ClientBooks, is compatible with leading bookkeeping software, including QuickBooks Online (QBO), Sage, and Wave. Our bookkeepers are fluent in these platforms, ensuring seamless integration and financial data management and financial insights for your dental practice.

Your designated accounting team can formulate and implement strategies tailored to your dental office's specific cash flow needs. Collecting late payments from patients and third parties, as well as chasing unpaid bills, is inefficient and can negatively impact operations. Consistent monitoring of accounts receivable, combined with other effective strategies, ensures prompt and consistent payments to your practice.

Our dental bookkeeping services can track and categorize a variety of your dental practice expenses by location or service line. Your designated bookkeeper may evaluate your previous tracking and categorization methods during initial setup and integration or may collaborate with you to ensure your precise dental practice requirements are met, for streamlined financial management while promoting the overall financial health of your dentistry operations.

1-800Accountant supports a diversity of financial scenarios and situations, including tax planning for dental practice expansions. Schedule a call with one of our small business experts, typically 30 minutes or less, to learn how we support dental professionals like you with financial services that save time and ensure compliance no matter the complexity.

Tax deductions reduce your taxable income. When you trust 1-800Accountant with your dental practice's complex financial work, your dedicated team will evaluate your unique situation and select every eligible tax deduction on your behalf.

Your designated accountant or accounting team ensures compliance with applicable IRS and dental industry regulations in several ways. This is achieved through adherence to all tax laws that impact your business, conformity to dental industry standards, and the adoption of best practices.

1-800Accountant can help your dental practice with valuations or transitions by maintaining compliance, providing strategic and long-term tax planning, and ensuring overall financial transparency. This way, your practice's value will be more realistic and reflective of market norms and conditions with help from your designated team.

1-800Accountant helps your dental practice enhance processes by taking a strategic approach to its finances. Your designated accountant or team handles financial forecasting, budgeting, and cash flow forecasting and management, among other proven methods, to ensure the long-term profitability of your dental practice.

1-800Accountant provides a comprehensive suite of professional accounting and tax solutions for dentists across all 50 states. Our scalable services, powered by a combination of human experts and technology, are affordable and tax-deductible, including business formation, EIN filing, business tax preparation and filing, tax advisory, audit defense, quarterly estimated taxes, bookkeeping, and payroll.