ACCOUNTING & FINANCIAL SERVICES FOR TODAY'S MEDICAL PRACTICE
Medical practices are evolving with our changing times. Having the right financial partners is the key to
gaining an edge and maximizing profitability.
ACCOUNTING
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Outsourced accounting assistance
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QuickBooks assistance by QuickBooks Certified ProAdvisors
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Preparation of internal financial statements
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Internal controls implementation
TAX
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Tax planning strategies
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Tax preparation for medical practice office, doctors, and other medical professionals
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Cost-savings possibilities when the medical practice's business and physician's personal taxes are prepared collectively
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All federal, state, and local tax filings
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Quarterly estimate preparation
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New partner tax considerations
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Multiple office locations and multi-state tax filings
ASSURANCE
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Preparation of audited, reviewed, or compiled financial statements
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Assistance with bank loan covenant requirements, office lease requirements, and additional assurance requirements
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Agreed-upon procedures
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Employee benefit plan audits
CFO ADVISORY
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Our full-service offering
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Bring the practice advisory, accounting, financial, and tax expertise directly into your practice - without the full-time expense of highly qualified financial employees
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Take your growing practice to the next level financially by utilizing the expertise of multiple CPAs, allowing us to handle the numerous facets of your practice's finances
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For the medical professionals that utilize our CFO Advisory services, our #1 priority is maximizing value for the owner(s) of the practice
PRACTICE ADVISORY & MANAGEMENT
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Entity selection assistance
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Ownership structuring
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New practice formation and business considerations
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Relationships with bankers, attorneys, financial advisors, and insurance agents to help with practice startup needs
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Loan negotiation assistance
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Operating agreement assistance
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Succession planning
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Valuation assistance
FINANCIAL ADVISORY
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Retirement planning, including assistance with setting up plans that maximize tax deferral opportunities for the owner(s)
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Profitability & expenditure review
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Financial planning & budgeting
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Cash flow modeling
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Lease vs. buy analysis