Dental CPA Fees

Package 1: Bookkeeping with overhead percent benchmarking / Advisory Services for Dental Practices

Dental CPA Fees – $350/month

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

We provide the service noted below for a monthly fees of $350 to dental practices:

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

Package 2: Bookkeeping / Advisory Services for Dental Practices / Tax Projection for Dental Practice Owner / S-Corp & Partnership Tax Preparation

Dental CPA Fees – $650/month

We provide the services noted below for a monthly fee of $650 to dental practices:

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

Package 2 (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
    1. • 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 

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.