Dental Accounting Dallas, Arlington, Fort Worth, Seagoville | Dentist CPA Firm | Smith & Smith CPA's
Dental Practice

Dental Practice – CPA for Dentist Dallas, Fort Worth, Arlington, Seagoville

Are you setting up your own dental practice in Dallas, Fort Worth, Arlington and Seagoville area? If that is the case, you need to be aware of the business side of the practice as well. We can help you out by setting up a well-connected network in the field of medical business and target opportunities that can benefit your practice in the long run. It is a difficult task to conduct alone which is why we are here to assist you leaving you free to focus on your patients and practice completely.

dental accounting firm

One of the major aspects in setting up your dental practice is proper tax planning. This can help maximize profits for your establishment and retain clients on account of maximized affordability for your patients. We can guide you in setting up an effective policy regarding the taxable portions of your practice. Our team of specialists can advise you in your tax planning such that you or your practice are not harassed by the IRS or the government on the matter.

It is important to keep the business side of your practice afloat and that is not easy to achieve it alone. We have experienced teams of professionals that can advise you on the business side of your practice and help understand all the aspects, from the Affordable Care Act implications to balancing the latest CMS policies for reimbursements. As your enterprise grows, we can also guide you toward proper hospital integrations so you can expand your practice and evaluate all business opportunities that are relevant to community necessities, feasibility, and patient affordability among several others. You are entitled to complete access to our healthcare team, which includes the resources we have at our disposal. You are also privy to fresh perspectives, which are necessary for any starting dental practice, and we will ensure you can check every item on your business bucket list.

Services for physicians include:


Tax Planning and Compliance

  • Strategic Tax Forecasts
  • Comprehensive Business-Personal Services

Operational Effectiveness and Profitability

  • Operational Assessments and Workflow Redesign
  • Staff Training to Improve Revenue Throughput
  • Rightsizing Strategy and Implementation
  • Managed Care Contracting to Optimize Opportunities
  • Fraud Prevention and Detection

Revenue Cycle Acceleration

  • Business Office Work Flow and Process Assessment
  • Outsourced Business Office Assessment and Deficiency Correction Plans
  • Interim Management

Strategic Positioning

  • Sustainable Compensation Models That Incentivize
  • Buy-Sell-Merge-Expansion Decision Propositions
  • Start-up of Entrepreneurial Medical Practices
  • Practice Valuation

Physician-Hospital Success

  • Employment Agreement Analysis
  • Successful IT Integration and Implementation

Technology Enhancement and Utilization

  • Practice Management System Optimization
  • NextGen Certified Training
  • Multisystem Integration
  • Implementation

Comprehensive Accounting

  • QuickBooks® Consulting
  • Payroll Preparation and Tax Reporting
  • Accounting System Consultation, Implementation and Training
  • Sales and Use Tax-Related Consulting
  • Turnkey Controllership Services
  • Employee Benefit Plan Administration
  • Financial Statement Analysis and Preparation
  • Business Plan Development

The Dreaded Letter from the IRS.

A client received a letter from the IRS regarding his prior year tax return. Unfortunately, he was being audited. The IRS believed that expenses for his LLC were overstated and disallowed certain deductions. In addition, the IRS stated that the client owed thousands of dollars in penalties alone. We met with this client and went over all of the relevant documents. We were able to guide him through the process and provide him peace of mind. Upon review of transcripts and various documents, we met with an IRS agent on behalf of our client. This ...

An owner of an auto shop came to Smith & Smith CPAs, LLC with a letter from the IRS.

This letter stated that an audit would be taking place. Having never been through an IRS audit, the owner needed help to prepare. We advised him on the process and shared our past experiences. When the audit came, we were there with him every step of the way.

An Oil & Gas company needed guidance on how to handle their growth.

They started as a sole proprietorship and were in search of a CPA firm that could advise them on how to handle the growth of their company. After searching for a firm, they decided to meet with Smith & Smith CPAs, LLC. In our initial meeting, we learned of their business and inquired about their goals. We decided that it was best for them to incorporate.

A group of doctors were looking for a CPA firm to help them form their new practice.

A group of doctors had been working for various practices and decided to form their own medical entity. They were sure that they could succeed given their experience and knowledge in their field of medicine. Needing a CPA firm to advise them on various tax decisions, they decided to seek the services of Smith & Smith CPAs, LLC.

A cardiologist received a letter from the IRS for delinquent payroll taxes that had already been paid.

The cardiologist was sure that the payroll taxes had been paid however, he needed help to prove this was the case. Our CPAs reviewed the tax payments and reconciled them to the various tax liabilities. Upon completion, it was determined that the aforementioned taxes were indeed paid. The issue was that they were applied incorrectly.
Let Smith & Smith CPAs help you power your Services revenue cycle. Contact us to speak to a specialist today.
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