In June, we sent an E-News concerning a proposed California law targeted at Dental practices which arose from the death of a 6-year-old boy in 2015. That law was passed in September. Here’s an Update on the law and it’s expected impacts. As always, if you have any questions about your business, real estate, estate […]
In 2015, Caleb Sears, a six year old, went to his local oral surgeon’s office for a routine tooth extraction. While under general anesthesia Caleb stopped breathing and suffered massive injuries resulting in his death. At least four other pediatric deaths similar to Caleb’s occurred just last year. These deaths moved Assembly Member Tony Thurmond […]
Tax Considerations when Buying or Selling a Dental Practice – Part 2 By Keith Dunnagan and Matthew Kirkpatrick In Part 1 we introduced the potential tax considerations related to a practice transition sale and look at the differences between ordinary income and capital gains taxes. Today we start by looking at the tax considerations related […]
Tax Considerations when Buying or Selling a Dental Practice – Part 1 By Keith Dunnagan and Matthew Kirkpatrick Buying and selling a dental practice is not an uncommon occurrence for most practitioners. There are many issues affecting the costs and profits that are impacted by the Internal Revenue Code (IRC). Of course, both parties want […]
Buying or Selling a Dental Practice and Equipment By Keith Dunnagan and Matthew Kirkpatrick Buying and selling a dental practice is not an uncommon occurrence for most practitioners. At some point in your career you will likely want to buy a practice after moving to a new city or to expand in your local market. […]
Professionals, Are You Planning Your Exit? by BPE Law Managing Attorney Keith Dunnagan At some point in your career, the two questions inevitably pop up – (1) “What happens if I die?” or (2) “What happens to the practice if I no longer am able to practice?” The natural question, in sometimes a somewhat […]
In our last article, I introduced BPE Law’s new professional practices corporate practice. It is a full service practice representing and assisting dentists and other professionals navigate the laws and business world of California. Today we are going to discuss one of the most important aspects of a professional business entity, the entity structure. California […]
