Accounting & Tax Services for Dental Practices
Running a dental practice means managing far more than patient care — it means overseeing payroll for clinical and administrative staff, tracking equipment depreciation, managing production and collections, and staying current with ever-changing tax law. Whether you're a solo practitioner, a group practice, or a dental service organization (DSO), Accounting Intelligence provides the specialized financial expertise your practice needs to remain profitable and compliant.
Entity structure is one of the most consequential financial decisions a dentist will make. Our CPAs evaluate whether your practice is optimally structured as a sole proprietorship, professional corporation (PC), S-Corp, or PLLC — and model the tax savings available through the right election. Many dentists leave significant money on the table by not taking full advantage of S-Corp distributions, Section 179 equipment expensing, and retirement plan contributions. We identify and implement these strategies proactively.
Dental equipment represents a major capital investment, and proper depreciation planning — including Section 179 expensing and bonus depreciation for digital X-ray systems, CAD/CAM equipment, and chair upgrades — can materially reduce your tax liability in the year of purchase. We also assist with practice acquisitions and buy-ins, valuations, associate compensation structures, and partnership agreements as your practice grows.
Dental Practice Accounting Services
- Entity structuring and S-Corp election analysis for dental professionals
- Section 179 and bonus depreciation planning for dental equipment
- Practice acquisition, buy-in, and transition accounting
- Payroll processing and compliance for clinical and administrative staff
- Production vs. collections reconciliation and profitability analysis
- Retirement plan setup and contribution optimization (SEP-IRA, Solo 401k, defined benefit)
- Associate vs. employee classification and compensation structuring
- Multi-location and DSO financial reporting
Tax preparation and advanced tax planning are provided through Sanderson & Williams, PLLC.
