One of the many challenges for dentists when running a dental practice is determining how best to organize the practice and, more specifically, the assets…
If you’re planning on selling your dental practice, you may have spent some time thinking about what you’ll be able to do with your hard…
If you are a dentist who has incorporated a dentistry professional corporation (a “DPC”) or are thinking of doing so, this post is for you….
When purchasing a dental practice, most dentists finance the purchase with a bank loan. Although a bank loan seems like a simple enough concept, there…
We get called a lot on this topic every week: What’s My Practice Worth? If DMC was to list it on DentalPlace.ca and run an…
The U.S. just passed a major tax overhaul (the first since 1986) that will decrease corporate tax rates from 35 to 21 percent. The idea…
This is just me ranting and raving… I get pissed when good, hardworking folks who try to build that ‘Canadian dream’ of having their own…
OK. Buckle up. Things are about to get complicated, but hopefully, after you read this, it will make some sense. Trust me; this stuff is…
A dentistry professional corporation lets dentists save taxes in a number of ways. Deferring Taxes For starters, you can DEFER taxes by leaving money in…
So what are the bylaws? Why are they important? What can they be used for? Basically, if you think of a corporation as a separate…