- Tax PlanningDr. Tinou Roncone In the past, like most people, we had been paying a significant amount of tax because we didn’t know any better then we switched to Robert Edwards and Edwards & Associates and it’s been a game-changer. We were hesitant at first since we live in California and Edwards & Associates is in Texas however we’ve been with them since 2006 and will never use anyone else. Robert was the first CPA to do any tax planning with us.
- Tax ServicesThe Monthly Core Services Plan is a one-stop-shop for all of your tax & accounting needs. This plan offers the services you need to keep your business operating smoothly.
- Tax DeductionsAs soon as you start your business! As a veteran financial planner, our founder Mr. Robert Edwards always answers this question as follows: “I’m always talking to our clients about saving for retirement even when they first start their practice. And there are some advantages to funding a retirement plan in the early years of your practice because you don’t have any other eligible employees. Remember,0iIt’s a great tax deduction if nothing else, but it’s a good habit to get into, if you don’t put the money away, you will spend it.”
- Income Tax
- Tax Return PreparationOur specialists have decades of experience handling tax submissions, entity creation, monthly financial prep & more for dental practice owners, and we can do the same for you! If you need more information, contact us here.
- Investment ManagementPlanning for financial prosperity is not just about the short-term strategy, it’s also about understanding how your money can work for you in the long term. Our firm has one goal for portfolio management, and that’s to select the right investments to ensure minimum risk and maximum returns for our clients. We manage investments in the form of bonds, shares, cash, mutual funds, and more. Our team provides expert guidance and protects your investments.
- Mutual Funds
- Bonds
- Accounting ServicesAs a dentist, you have enough to worry about. Tax compliance, monthly bookkeeping, and annual financial reports should not be on your list of things to do. That’s why we offer a complete solution to our clients.
- Payroll Services
- Bookkeeping Services
- Financial PlanningWe specialize in helping dentists across the United States, reach their financial goals both professionally and personally. We provide short-term and long-term financial planning, investment services, and retirement guidance, as well as consulting services on practice start-up, maintenance, and transitions. With more than 30 years of experience serving the dental community, we understand how to help dentists protect their practices and keep more of what they earn.
- Retirement PlanningRetirement planning is one of the most critical parts of financial planning. As modern medicine has increased the average life expectancy of Americans, there is a greater need for strategic retirement planning to ensure long-term financial security. By prioritizing your retirement plans, you guarantee an additional source of income and help your future self to deal with medical emergencies, fulfill life aspirations, and be financially independent.
- Asset ManagementMost dental practice sales are structured as asset sales, meaning the acquirer is buying specific assets of the company rather than its stock. Thus, the practice is not taxed as one entity. A dental practice contains several different kinds of assets—equipment, supplies, real property, goodwill—and each asset requires separate accounting and tax treatment. The sale of a practice will include what is called an asset allocation statement. This statement determines the portion of the total sales price that is allocated to each asset and is key when determining the total tax effect of a practice sale.
- College Funding