Terminating an employee is probably the most hated job in the practice management life of a dentist. You must try for a smooth exit without causing upheaval in the office, and ensure the employee leaves with ego intact and without filing a lawsuit … [Read more...]
Just for Dentists Newsletters
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May, 2019 Our top post-tax season planning tips
May 2, 2019 by
“I’ve saved the money to pay my income tax. Now all I have to do is borrow some to live on.” Lou Costello How did you survive the tax season? You probably feel you paid more than your fair share of the $145 billion of personal income taxes the … [Read more...]
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Apr, 2019 A good office manager is critical for practice success
April 17, 2019 by
Your appointment schedule is full, hygiene is booked a month ahead, and patients have to wait weeks to see you even for minor treatment. Your staff is hustling to keep up with the pace, which often shrinks the lunch hour to a ten-minute break. For … [Read more...]
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Apr, 2019 Not happy with your investment returns? Find a new portfolio manager!
April 17, 2019 by
If you find that your investment portfolio manager is making more money from your portfolio than you, you may want to put an end to this unproductive relationship quickly. The money you put aside for retirement comes from spending long hours in the … [Read more...]
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Apr, 2019 A dashboard to monitor your practice success
April 2, 2019 by
Imagine for a moment you are driving a car with no GPS to direct you, no instruments to tell you the speed and no fuel gauge or indicator light warning you the engine is running out of oil. It is unthinkable; you would never get into a car without an … [Read more...]
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Apr, 2019 Federal budget splurges on zero emission vehicles
April 2, 2019 by
The government in its latest federal budget has put aside $300 million as an incentive to purchase zero emission vehicles (ZEV). The monies will be spread over three years and will give buyers $5,000 toward the purchase of a ZEV. The incentive … [Read more...]
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Apr, 2019 The incredible shrinking investment return
April 2, 2019 by
You are investing in the Canadian stock market which has enjoyed a robust average annual growth of 8.5 per cent for the last 30 years. Yet, your investments have you perplexed or more likely depressed, because these stock market gains are not … [Read more...]
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Mar, 2019 Should you delay receiving old age security benefits?
March 21, 2019 by
Anybody age 65 or older who has lived in Canada for at least 40 years after age 18 is eligible to receive the maximum Old Age Security (“OAS”) benefit. For the first quarter of 2019, the maximum monthly payment is $601.45. No contributions are … [Read more...]
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Mar, 2019 Standing up to the dental insurance companies
March 21, 2019 by
Dr. Todd Irwin is a dentist in Port Angeles, Washington. Interviewed by KING 5 News he said he was no longer prepared to sit idle as Washington’s biggest dental insurer, Delta Dental, continued to cut his patients’ benefits. “The patient may want … [Read more...]
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Mar, 2019 The 2019 Federal Budget – what’s in it for you
March 21, 2019 by
Spoiler alert: the dividend to capital gain conversion survived Here is an executive summary of Tuesday’s Budget: No Tax Rate Reductions – the 2019 Federal Budget contained no personal or corporate tax rate reductions. Inter-generational … [Read more...]
