Insights


NEWS

Why You May Want to Accelerate Your Property Tax Payment Into 2017

Why You May Want to Accelerate Your Property Tax Payment Into 2017

Accelerating deductible expenses, such as property tax on your home, into the current year typically is a good idea. Why? It will defer tax, which usually is beneficial. Prepaying property tax may be especially beneficial this year, because proposed tax legislation might reduce or eliminate the benefit of the property tax deduction beginning in 2018.

Business Valuation Part 4: Market Approach

Business Valuation Part 4: Market Approach

In the market approach, the value of the organization can be compared to recent market activity whereby sales of similar interests in the same or similar industry. Valuation multiples, which are determined by dividing the sale price by a relevant financial metric (such as revenues), can be applied to the target company to determine an estimate of fair market value.

2017 Might Be Your Last Chance to Hire Veterans and Claim a Tax Credit

2017 Might Be Your Last Chance to Hire Veterans and Claim a Tax Credit

With Veterans Day on November 11, it’s an especially good time to think about the sacrifices veterans have made for us and how we can support them. One way businesses can support veterans is to hire them. The Work Opportunity tax credit (WOTC) can help businesses do just that, but it may not be available for hires made after this year. As released by the Ways and Means Committee of the U.S. House of Representatives on November 2, the Tax Cuts and Jobs Act would eliminate the WOTC for hires after December 31, 2017. So you may want to consider hiring qualifying veterans before year end. The WOTC up close You can claim the WOTC for a portion of wages paid to a new hire from a qualifying target group. Among the target groups are eligible veterans who receive benefits under the Supplemental Nutrition Assistance Program (commonly known as “food stamps”), who have a service-related disability or who have been unemployed for at least four weeks. The maximum credit depends in part on which of these factors apply: • Food stamp recipient or short-term unemployed (at least 4 weeks but less than 6 months): $2,400 • Disabled: $4,800 • Long-term unemployed (at least 6 months): $5,600 • Disabled and long-term unemployed: $9,600 The amount of the credit also depends on the wages paid to the veteran and the number of hours the veteran worked during the first year of employment. You aren’t subject to a limit on the number of eligible veterans you can hire. For example, if you hire 10 disabled long-term-unemployed veterans, the credit can be as...
How can a Dental CPA help your practice?

How can a Dental CPA help your practice?

What is the advantage in working with a Dental CPA compared to a traditional, general CPA?  A Dental CPA has specific industry knowledge that can help you manage your practice efficiently so that you have more time to focus on your dentistry and more profitability to reach your goals…

Megan Urban brings years of experience to Jones & Roth Dental Team

Megan Urban brings years of experience to Jones & Roth Dental Team

The Jones & Roth Dental CPAs & Advisors have partnered with well-known Dental Practice Advisor Megan Urban to bring a wide suite of services to dental practices across the Pacific Northwest. This partnership offers an end-to-end suite of services for dental practice success…

EVENTS

WEBINARS

Benchmarking Your Key Performance Indicators

Benchmarking Your Key Performance Indicators

Many practice managers do not perform any kind of benchmarking and therefore never realize the true potential of their practice. With minimal improvements, a practice can see a significant increase in cash flow and a better bottom line.

Healthcare Denial Management

Healthcare Denial Management

Think your medical practice has a healthy revenue cycle? If you haven’t focused—really focused—on insurance denials, then think again. Denials might be the most underestimated and poorly understood sources of significant cash leakage from your practice’s revenue cycle.

Front Office Success

Front Office Success

Your front office is action-central for patient service and efficient patient flow. Hang on to your seats for this entertaining but illuminating webinar at how to prevent service breakdowns and blunders at this critical crossroads.

Meaningful Use: The Insanity Continues

Meaningful Use: The Insanity Continues

Don’t miss this webinar on the new changes to the meaningful use regulations. Many of these changes are beneficial and will relieve some pressures that practices were facing to manage compliance and reporting requirements.