Accounting & Tax Services

Dental CPA

How can you increase profitability?

The best way to increase your business profitability is through efficient, educated decision-making. Accurate Financial Statements are vital to your ability to make the right choices for your practice. We want you to take charge of your own numbers, and will teach you how to use sound accounting practices in your office.

How do you get the lifestyle you want?

Achieving your desired quality of life starts with clear goal-setting. We work with you to determine the amount of income you need to support your lifestyle goals. Next, we use your Financial Statements to find your areas of strength and opportunity. We pair this information with advanced tax strategies and business practice guidance to design a financial plan for creating the life you want.

What Accounting and Tax Services can the Willeford Group provide?

Some of our core services include:

The Basics

Starting or taking over a new practice? Looking for a fresh start?

This selection provides a significant amount of advice—including specific strategies we can start implementing right away.

  • Create and explain dental-specific chart of accounts in a QuickBooks® file.
  • Review your most recent Financial Statements and tax returns to see whether you may save more in taxes by recoding some expenses.

Core Retainer

Looking for ongoing service for accurate financial recordkeeping?

Each Month or Quarter (depending on frequency chosen) includes:

  • Reviewing your QuickBooks® file, practice numbers, and expense coding for best tax effect
  • Posting all journal entries
  • Creating Financial Statements, to ensure accuracy of records

Do you want to maximize your tax deductions and minimize tax burden? Looking for strategies to ensure you have the cash-flow you need when you need it?

Update personal income tax projection and related planning to assist in:

  • Budgeting for taxes due
  • Developing strategies for timing and nature of income and deductions
  • Maximizing deductions
  • Coordination with your cash-flow and business planning

Annually (in conjunction with existing retainer)

Do you want expert advice on your annual financial planning and goal setting?

  • Year-end tax and goal planning meeting
  • Annual update and ongoing review of shareholder salary schedule
  • Cash flow-related planning to help you update your practice goals for the year.

We offer proactive tax planning and consulting services to help calculate and prepare tax projections, in an effort to eliminate the unhappy tax surprises some clients get at the end of the year, by providing you with estimates early on.

We have many more services to offer. Please contact us to learn more.