Accounting for Doctors, Dentists and Chiropractors
We at Interactive Accountants know you are busy running your practice and understand that you value your time. Accounting for Doctors, Accounting for Dentists, and Accounting for Chiropractors requires special attention, outside the norm for other businesses. That’s why when it comes to your accounting and tax matters, you need to have a professional in your corner. At Interactive Accountants, we are a CPA firm and will take care of your tax and accounting matters in the same professional manner that you serve your patients.
What is Healthcare Accounting?
We know that you are working hard serving your patients, and want to take advantage of every tax deduction you possibly can. Our team of healthcare accounting professionals will review your financial and tax matters with you at least quarterly, to ensure all deductions are being taken advantage of and show you the financial health of your practice, all the while ensuring your practice and you are audit-proof! Our affordable plans and latest technology make choosing Interactive Accountants the best decision for your financial health. We take the pain out of:
- Accounting for Doctors (read our article about Tax Planning for Doctors,
- Accounting for Dentists (read our article about Tax Planning for Dentists and Dental Practices) ,
- Accounting for Chiropractors, and
- Accounting for OT’s, PT’s and Speech Therapists.
Accounting For Doctors:
When accounting for doctors or a group of PhD’s, a CPA firm needs to focus really on two things… First is ensuring compliance with rules and regulations and second is making sure you’re taking advantage of every allowed tax deduction you can. Our tax specialists at Interactive Accountants work tirelessly to ensure you’re not only tax compliant, but maximizing your deductions.
Accounting For Dentists:
When accounting for dentist or dental group, a CPA firm needs to needs to be up on their depreciation rules. Dentists generally have more equipment in their office than surgeons, and none of that equipment is cheap! Using allowed tax laws to maximize your depreciation is key to minimizing your tax burden. While medical accounting is never easy, Interactive Accountants work takes the pain out of accounting for dentists.
Accounting For Chiropractors:
When accounting for chiropractors or a chiropractic group, a CPA firm needs to needs to be intimately familiar with your day-to-day operations, patient billing routine, third-party services (i.e., massage therapy, acupuncture, etc.), and much more. At Interactive Accountants, we understand how you work and that’s what makes our firm the right choice to support your business’ ongoing financial health.
Accounting For Occupational, Physical and Speech Therapists:
When accounting for Occupational Therapists, Physical Therapists or Speech Therapists your CPA firm needs to needs to be intimately familiar with understanding how labor intensive your day-to-day operations are. On top of being so labor intensive, it’s also space intensive as At Interactive Accountants, we understand how you work and that’s what makes our firm the right choice to support your business’ ongoing financial health.
HIPAA Compliant for Healthcare Accounting
We value your privacy and protect it with our utmost care, just like you do with your patients. We also help you to ensure that your accounting records are HIPAA compliant. You heard that right, not many Healthcare professionals understand that HealthCare Accounting requires you to keep your books HIPAA compliant. We at Interactive Accountants understand this and are here to help all HealthCare Professionals ensure this is taken care of. Every client at Interactive Accountants is assigned a dedicated bookkeeper, accounting manager and tax manager and this team ensures all the tasks that need to be completed are done on time and accurately.
Another item to note is that we will never outsource your accounting matters to any non-USA third party, and we always protect your data with the latest encryption software and services. We value your privacy and protect it with our utmost care, just like you do with your patients.
Ready to have a Healthy Healthcare Accounting
So, are you ready to interact with your tax and accounting professional? Medical Accounting is never easy, so if you tired waiting for your accountant to get back to you or if you are not getting good tax advice, then you’re ready for the Interactive Accountants experience. Give us a call to schedule your free consultation with our owner Matthew Shiebler, CPA. He’s been working with HealthCare Professionals for over 25 years now and is happy to discuss your accounting and income tax needs at your convenience.Contact Us