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DMC LLP | Dentist Lawyers
Liability for not using your Corporation’s Name
Category

Corporate

Dec 04 2013
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Liability for not using your Corporation’s Name

By DMC Corporate, Practice Management
So our very first dental client asked: what happens if I don't write my dentistry professional corporation's name on invoices and contracts? Could I be…
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Nov 22 2013
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Paying your minor kids salaries? Make sure it’s reasonable!

By DMC Corporate
So you've heard that you can income split with children by having them perform administrative duties and paying them a salary? Yes, it's true. But…
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Nov 19 2013
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Getting rebates from Dental Supply Companies? Make sure to include it as income!

By DMC Corporate
On occasion, a dental supplier (be it K-Dental, Henry Schein, Patterson, Sinclair, etc.) will offer rebates to dentists. It's not uncommon to see rebates as…
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Nov 16 2013
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Avoid having corporations share the 15.5% tax rate on their first $500k of net income

By DMC Corporate
Here's the situation.  You're a dentist. You have a spouse. You also have a dentistry professional corporation.  You want to have multiple practices, each one…
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Nov 12 2013
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Price Adjustment Clauses: The Rules

By DMC Corporate
In this blog, I'm going to tackle a pretty tax-heavy topic: price adjustment clauses. You see these clauses in documents whenever a dentist is attempting…
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Jun 29 2013
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Dental Practice Startup

By DMC Corporate
It's a seller's market out there. And some dentists don't want to pay the kinds of premiums (over and above appraised values) that the sellers…
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Apr 11 2013
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Does Travel + Continuing Education = Tax Writeoff for Dentists?

By DMC Corporate
What dentist wouldn't want to combine getting continuing education courses, traveling somewhere exotic, and expensing the whole thing for tax purposes?  The dentist taxpayer believes…
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Sep 07 2011
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Share Ownership in a PC

By DMC Corporate
So in this blog, I'm going to be talking about Dentistry Professional Corporations and the nature of share ownership.
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May 26 2011
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Giving Shares to your Family members? (Part 2)

By DMC Corporate
What are dividends all about? You've heard of them before: dividends. What are they, and how do they work with dentistry professional corporations? Well, there…
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May 26 2011
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Giving Shares to your Family Members? Read this first!

By DMC Corporate, Wills & Estates
OK, so you have a dentistry professional corporation and you want to issue shares to your family members? Why? Because you want to income split.…
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