Basic Understanding of Key Dental Practice Purchase Agreement Elements Understanding key elements in a dental practice purchase agreement are necessary to ensure a successful dental practice transition. Making the decision to buy or sell a dental practice is a major life event. Once that decision has been made, navigating legal documents can certainly feel daunting. […]
Consider the Tax Consequences When Buying and Selling a Dental Practice Calculating dental practice taxes can be one of the easier things to deal with during dental practice transitions. This is said because dollar amounts can be planned and calculated. As a buyer, you are likely going into the decision of purchasing a practice while […]
For most dental practices, goodwill constitutes the largest component of the practice’s value. A mistake in handling goodwill could cost you thousands or even tens of thousands of dollars in unnecessary taxes when you sell your practice. Giving Uncle Sam your hard-earned money in the form of unnecessary taxes is a costly mistake at any […]