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LATEST BLOG POSTS
The IRS is NOT Always Right
If you receive a notice from the IRS, do not automatically assume it is correct and submit payment to make it go away. Here are some suggestions for how to handle a letter you may receive from the IRS or other taxing authority: Stay calm. This is easier said than...
Practice Overhead
Overhead is classified as ongoing business expenses not directly attributed to creating a product or service, and there's no exception to needing to cut overhead in a dental practice setting. According to an article on Dental Economics, "The largest impacts on...
Multiple Jobs: Be Prepared for Tax Surprises
Working more than one job can help maximize income, but also potentially create a tax surprise. Here are several be aware of: Social Security Surprise: As a full-time employee, the most you'll have to pay in Social Security taxes in 2023 is $9,932. The problem is each...
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