Maximizing Value When Selling a Practice

Dentistry iQ details a number of strategies and money-saving insights to help maximize the value of a dental practice upon sale, underscoring the importance of recognizing that a practice is not taxed as one entity but contains several different kinds of assets including equipment, supplies, real estate, practice goodwill and patient records. Each practice asset necessitates discrete accounting and tax rules because the IRS has established different depreciation and time factors for each one.

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