Tax Planning & Preparation
Tax management for dental & medical practices is a specialty within a specialty and Chakarian & Associates have made a business of doing it better offering great service with no surprises. We specialize in tax planning for dental and medical pracitices. Though our proactice approach, we can identify opportunites and eliminate those unnecessarily bad surprises.
Business Financial Statements & Reports
During the business year, we monitor the performance and profitability of the business for both business decision making purposes and to be sure the current performance is in line with our current tax plan which is in place. Depending on the size and complexities of your business, we would provide services ranging from quarterly financial statement preparation to annual financial statement preparation. When we do prepare financial statements for your practice, we provide information to benchmark your practice's performance as well as provide you a useful tool to guage performance.
Trust and Estate Tax Preparation
Preparing income tax returns for estates and trusts may be complex. Estates and non-grantor trusts must file income tax returns just as individuals do. However, there are a few important differences to keep in mind. Chakarian & Associates has the experience to handle tax and accounting issues that are specific to trusts and estates. Every estate plan has different circumstances and goals. The administration of trust and estates can be tricky to maneuver if you don't know the available elections, distribution requirements and the filing deadlines.
Dental Practice Acquisition Assistance
With our many years of experience on dental practice finances, we can help you ascertain whether a practice is a good financial fit or is priced appropriately. We can evaluate a practice's profitability and cash flows available to repay acquisition debt or simply perform due diligence service on a practice you may have already purchased.
There's no time like the present to start planning your financial future. When you use our retirement planning services, you benefit from our in-depth knowledge and years of retirement planning experience using a selection of retirement plans to meet everyone's needs, maximizing the amounts you can put away for retirement taking advantage of income tax deferral.