Tax and Estate Planning

Understanding EBITDA From a Dental Practice Owner’s Perspective

Hello, everyone. You may have seen my prior post on Dental Support Organizations (DSOs) and their impact on the dental industry. That post was the first of a series on DSOs. And, if you are asking, why did I choose to do a series of posts on DSOs? Well, not a day goes by that […]

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Ethics in Tax Practice

On Wednesday, December 15, 2021, Vince Nardone presented at the Ohio Society of CPAs MEGA Tax Virtual Conference. During the conference, professionals heard from tax leaders on important tax updates in every area of expertise, and connected with peers to devise a comprehensive plan for the upcoming tax season. Vince specifically contributed to the collaborative […]

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An Outlook on Succession Planning

On Wednesday, December 8, 2021, Vince Nardone presented at the Ohio Society of CPAs Winter CPE Conference. During the eight-hour conference, professionals discussed how 2022 will be a return to normality. Additional topics covered included accounting, auditing, state and local tax developments, technological advances, and professional standards/responsibilities. Vince specifically contributed to the business discussion by […]

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Defining Qualified Wages Under the 2020 and 2021 Employee Retention Credit

Everyone, I just worked with one of our associates in my firm to issue a client alert on our firms’ website. In response to the economic downturn at the start of the coronavirus pandemic, Congress passed an employee retention credit under the CARES Act. The employee retention credit is a refundable tax credit for qualified […]

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Asset Protection: Do Not Over Complicate It

As a business advisor and attorney working with many closely-held businesses, including healthcare professionals such as doctors and dentists, I commonly field questions from clients and make recommendations to clients on the concept of asset protection. Each client that I talk with may have a different motivation for raising the question, or recommendations may vary […]

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Estate Planning: Electing a Guardian for Children

The attorneys at Nardone Limited in Columbus, Ohio, routinely assist dentists and other healthcare professionals by drafting and executing estate plans. Estate plans are not just a planning tool for individuals nearing the end of their lives, estate plans are also an important planning piece for young families and for some of life’s less expected […]

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Estate Planning: Appointing Executors and Trustees

The attorneys at Nardone Limited in Columbus, Ohio routinely assist dentists and other healthcare professionals in creating and implementing an estate plan. Our firm works with dentists at various stages in their careers and we always advise them that it is never too early or too late to consider having your estate plan drafted or […]

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The Importance of Estate Planning, Even Under the New Tax Law

The attorneys at Nardone Limited in Columbus, Ohio routinely assist dentists and other healthcare professionals in creating and implementing an estate plan. Our firm works with dentists at various stages in their careers and we always advise them that it is never too early or too late to consider having your estate plan drafted or […]

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The Importance of Keeping Your Dental Practice Compliant with Federal and State Law

The dental attorneys at Nardone Limited in Columbus, Ohio frequently advise our clients on minimizing disruption and maximizing their profits within their dental practices.  This advice includes employment matters, dental board matters, tax matters, and many others.  And certainly, one of the areas that we cover is the importance of preventive maintenance and due diligence […]

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Dental Partnership Dissolutions: Winding Up the Practice’s Business and Affairs

     In Part I of our article titled Dental Partnership Dissolutions: A Multitude of Operational, Legal, and Tax Issues to Consider, we raised some of the typical operational issues that the partners of a dental practice will need to consider when dissolving their partnership. To avoid a potential dispute between the partners post-dissolution, a […]

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