The Importance of Your CPA During a Transition
The Importance of Your CPA During a Transition. Megan Urban of Omni Practice Group talks about why a dental-specific Certified Public Accountant is critical during your practice transition. Regardless if you are a buyer or seller, you should have a CPA who specializes in dental transitions. If you are a seller, your CPA will help guide you through the complexities of taxes and what you may owe before the sale of your dental practice, so you’re not caught off-guard at closing. They can also advise on the health of your retirement accounts.
As each State has different tax regulations, your CPA can help you navigate these issues with you. If you aren’t currently working with a Certified Public Accountant and would like a recommendation of a dental-specific CPA in your home State, please reach out and we can provide you with details. You can also contact us today for a complimentary snapshot valuation to find out what your practice is valued at. Either email firstname.lastname@example.org, or call us at 877-866-6053.