Tips for Maintaining Medical Practice Profitability

Tips for Maintaining Medical Practice Profitability on providentcpas.com

Expand with novel services. Connect with new patients. How to build revenue when burdened with rising operating costs and changes in the healthcare system As deductibles rise, medical practices can see big losses. Some patients can no longer afford medical bills, leading them to avoid seeking treatment when they should. Or, many will simply seek…

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Should You Restructure Your Medical Practice After the New Tax Law?

Should You Restructure Your Medical Practice After the New Tax Law? on providentcpas.com

Converting from an S corp to a C corp isn’t a decision to make lightly Now that the dust has settled from the rollout of the Tax Cuts and Jobs Act (TCJA), medical practices structured as pass-through entities are facing a dilemma: Since the tax reform significantly reduces the tax rates imposed on C corporations’…

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