Sell Your Dental Practice Successfully
Bruce Bryen, CPA, CVA | May 20, 2016
If you have decided to sell your dental practice, you should consider a few essentials to protect yourself.
Pretax and After Tax Transitions: A Comparison
Bruce Bryen, CPA, CVA | April 1, 2016
When selling a dental practice, the taxes incurred by the buyer and seller can affect their living standards forever. In his next blog, Bruce Bryen, CPA, CVA, explains how dentists can leverage this situation, to create a favorable outcome for each.
Dental Practice Transitions and Earn Outs
Bruce Bryen, CPA, CVA | February 19, 2016
When a practice transition does not occur because the buyer and the seller can’t agree on the dental practice transition price, sometimes a creative approach is needed to convince the buyer and the seller that the transition can occur.
Goodwill Allocations and Their Importance
Bruce Bryen, CPA, CVA | December 23, 2015
In his next blog, Bruce Bryen, CPA, CVA underscores the importance of understanding "goodwill," and how its valuation process can determine the way a practice owner lives the rest of her life.
Cost Segregation Depreciation
Bruce Bryen, CPA, CVA | November 6, 2015
In the more than 40 years of working with dentists, Bruce Bryen has seen investments in real estate appreciate but do little for immediate tax deductions. The idea of using cost-segregation depreciation changes that.
Should a Partner Receive a Management Fee?
Bruce Bryen, CPA, CVA | August 21, 2015
The answer to this question is complicated but vital to the financial health and pulse of your dental practice.
Dental Partnership/Shareholder Agreements: The Good and the Ugly
Bruce Bryen, CPA, CVA | May 29, 2015
Dentists in partnership often spend more daylight, and sometimes nighttime, hours together than with a life partner or spouse. There are many reasons why that partnership should be formalized with an agreement.
4 Important Differences Between LLCs and S Corporations
Bruce Bryen, CPA, CVA | March 31, 2015
It is important to get questions about LLCs and S Corporations answered while there is still the opportunity to resolve problems—before a solution is out of reach. When considering which type of business is right for your practice, consider the following list of material issues and their impact on the unsuspecting dentist.
Retirement Plans for the Initiated and Uninitiated
Bruce Bryen, CPA, CVA | February 17, 2015
Many of the dentists I work with are amazed at the sophistication in the design of retirement plans they never knew were available to them. Once they hear explanations about how much they can have allocated to them compared to the employee allocation, they are usually ready to sign up for a sophisticated retirement plan format.
Ownership Agreements and Their Importance
Bruce Bryen, CPA, CVA | February 12, 2015
It is surprising what this author sees when advising experienced dentists during the litigation process that takes place when there are disputes over ownership. This unfortunate occurrence is almost always the product of the lack of an executed ownership agreement.
Bruce Bryen, CPA, CVA
Bruce Bryen is a certified public accountant with more than 40 years of experience. He is the managing partner of the accounting firm Bryen & Bryen, LLP, which is based in southern New Jersey. Mr. Bryen specializes in retirement planning design, income and estate tax planning, determination of the proper organizational business structure, asset protection, and structuring loan packages for presentation to financial institutions. He can be contacted by calling 856-985-8550, ext. 112, emailing bbryen@bbllp.net, or visiting www.Bryen-BryenLLP.com.
