Useful Links:

The MDTAXES Network
Nationwide network of CPAs who specialize in tax planning and preparation for healthcare professionals

FindAGoodCPA.com
Not a healthcare professional?  Find a CPA or EA who understands the tax issues specific to you.

IRS Web Site
For tax forms, publications, and general tax information.

Social Security
Find out the latest rules or your projected retirement benefit.

MDValuation.com is a nationwide network of CPAs who specialize in medical and dental practice valuations.

Do you know what your practice is worth?

Probably not, because practice valuations can be both time consuming and costly. Even so, there are many instances when it’s important to determine the value of your practice:

• If you are preparing to sell your practice, you need to know where to set your expectations. 

• If you plan to bring new partners into your practice, you need a third party valuation to set a fair buy-in price.

• If you already have partners, you should have a "buy-sell" agreement in place specifying how and when your practice needs to be valued in case one partner wants or needs to sell

• If you want to ensure that your estate planning properly takes into account the amount of estate taxes expected to be paid upon transition of your practice to your successors

Our CPAs specialize in serviing medical and dental practices. We are familiar with the financial issues that affect health care practices. Our experience allows us to quickly focus on the specifics of your practice.

Unlike a home, which you can value based on what your neighbors' homes are selling for, determining what your practice is worth isn't quite so easy. Often you need the help of a professional trained in business valuation to analyze the various methods of valuation that would be most appropriate for your type of business.

Find a CPA to help with your business valuation today!