At Yuriy & Associates, we specialize in providing comprehensive accounting services tailored specifically for dental practices. Our team understands the unique financial needs of dental professionals, and we’re committed to helping your practice thrive through expert financial management, strategic planning, and compliance with industry regulations.
Our Dental Accounting Services Include:
1. Practice Management & Advisory
- Financial Planning & Analysis: We help you set and achieve your financial goals through customized planning, budgeting, and cash flow analysis.
- Benchmarking & Performance Metrics: Understand how your practice compares to industry standards, and identify areas for improvement.
- Practice Growth Strategies: Whether you’re looking to expand, acquire another practice, or enhance profitability, we provide strategic advice to guide your decisions.
2. Bookkeeping & Financial Reporting
- Accurate Bookkeeping: Maintain organized and precise financial records with our specialized bookkeeping services, ensuring every transaction is recorded correctly.
- Monthly Financial Statements: Receive detailed financial reports that offer insights into your practice’s performance, helping you make informed decisions.
- Accounts Receivable & Payable Management: Streamline your cash flow by efficiently managing your incoming and outgoing payments.
3. Tax Planning & Compliance
- Dental-Specific Tax Strategies: Leverage tax-saving opportunities unique to dental practices, minimizing your tax liabilities.
- Quarterly & Annual Tax Filing: We ensure your federal, state, and local taxes are filed accurately and on time, keeping you compliant and avoiding penalties.
- IRS Representation: In case of an audit or inquiry, our experienced team will represent your interests and guide you through the process.
4. Payroll Services
- Comprehensive Payroll Management: From calculating wages to handling withholdings and deductions, we take care of all payroll needs.
- Payroll Tax Compliance: Stay compliant with all payroll tax regulations, including timely filing and accurate reporting.
- Employee Benefits Administration: Simplify the management of benefits such as retirement plans and health insurance, ensuring your staff is well-supported.
5. Practice Acquisition & Transition
- Valuation Services: Receive an accurate valuation of your practice whether you’re buying, selling, or merging.
- Due Diligence Support: We conduct thorough financial due diligence to help you make informed decisions during acquisitions or mergers.
- Transition Planning: Ensure a smooth transition with our expert guidance, covering everything from financial planning to operational integration.
6. Retirement & Succession Planning
- Retirement Planning: Secure your future with a retirement plan that reflects your personal and professional goals.
- Succession Planning: Develop a strategic plan for transferring ownership of your practice, ensuring its continued success.
Why Choose Yuriy & Associates?
- Industry Expertise: With years of experience serving dental practices, we understand the specific challenges and opportunities you face.
- Personalized Service: We provide tailored solutions that fit the unique needs of your practice.
- Proactive Approach: We don’t just react to your financial needs—we anticipate them, helping you stay ahead in a competitive industry.
Contact Us Today
Ready to take your dental practice to the next level with professional accounting support? Contact Yuriy & Associates today to schedule a consultation and learn how we can help your practice achieve financial success.
