Dental Brokerage 92108 Though most of the attacks making headlines are those aimed at large organizations or political groups, roughly a third of all data security breaches in the last few years have occurred in the health care industry. Of these, employee error caused three times as many breaches as external attacks. In addition, more than half of the businesses who experience a security breach have fewer than 1,000 employees. The Health Insurance Portability and Accountability Act (HIPAA) requires all health care providers to take steps to protect the private information of their patients from hackers, thieves, and staff. While no data security system is foolproof, there are some best practices that can help to decrease your risk of an information breach, especially from employee error. Here are some of the best practices you should be enforcing: • All computers should be placed where screens are not visible to patients or visitors. • Every computer should have an encrypted password for access. • All passwords should contain a mixture of letters, numbers, and/or symbols and should be changed regularly. • Passwords should never be written down in any place accessible by the public. It is preferable that they not be written down at all. • Every staff member must be fully educated about the importance of data security practices, their responsibility to follow these practices, and the potential repercussions for failing to comply. • Office computers and internet should not be used to check personal email or visit non-work-related websites. • Ensure all firewalls, software, and operating systems are kept up to date. • Wireless networks should be shielded from public view. • Every computer should have antivirus software installed and kept up to date. • Do not access office data remotely from a shared computer or unknown WiFi network. • Smartphones, tablets, laptops that have access to any work systems or emails should be password protected in case lost or stolen. • All hard copies of patient data should be shredded. • All transmitted data should be encrypted. • Sensitive information, such as social security numbers, financial data, or other private information, should never be sent through email or instant messaging services. • Consider purchasing cyber insurance protection. • If a breach does occur, take appropriate action immediately. Contact your legal counsel for advice. Your first and best defense against the theft of sensitive patient information is the integration of data security best practices into your practice policies. Meet with your team to discuss any changes you need to make and your expectations of compliance. Protect yourself, your team, and your patients by working to protect the integrity of your systems. Please contact our office with any questions. ...read more

Dental CPA San Diego, CA Though most of the attacks making headlines are those aimed at large organizations or political groups, roughly a third of all data security breaches in the last few years have occurred in the health care industry. Of these, employee error caused three times as many breaches as external attacks. In addition, more than half of the businesses who experience a security breach have fewer than 1,000 employees. The Health Insurance Portability and Accountability Act (HIPAA) requires all health care providers to take steps to protect the private information of their patients from hackers, thieves, and staff. While no data security system is foolproof, there are some best practices that can help to decrease your risk of an information breach, especially from employee error. Here are some of the best practices you should be enforcing: ·        All computers should be placed where screens are not visible to patients or visitors. ·        Every computer should have an encrypted password for access. ·        All passwords should contain a mixture of letters, numbers, and/or symbols and should be changed regularly. ·        Passwords should never be written down in any place accessible by the public. It is preferable that they not be written down at all. ·        Every staff member must be fully educated about the importance of data security practices, their responsibility to follow these practices, and the potential repercussions for failing to comply. ·        Office computers and internet should not be used to check personal email or visit non-work-related websites. ·        Ensure all firewalls, software, and operating systems are kept up to date. ·        Wireless networks should be shielded from public view. ·        Every computer should have antivirus software installed and kept up to date. ·        Do not access office data remotely from a shared computer or unknown WiFi network. ·        Smartphones, tablets, laptops that have access to any work systems or emails should be password protected in case lost or stolen. ·        All hard copies of patient data should be shredded. ·        All transmitted data should be encrypted. ·        Sensitive information, such as social security numbers, financial data, or other private information, should never be sent through email or instant messaging services. ·        Consider purchasing cyber insurance protection. ·        If a breach does occur, take appropriate action immediately. Contact your legal counsel for advice. Your first and best defense against the theft of sensitive patient information is the integration of data security best practices into your practice policies. Meet with your team to discuss any changes you need to make and your expectations of compliance. Protect yourself, your team, and your patients by working to protect the integrity of your systems. Please contact our office with any questions. ...read more

92108 Practice Sales The up and down nature of confidence can be exemplified as a business leader because of the stressful nature of maintaining a high-ranking position. Confidence can grow with practice and effort. Here are four ways to grow confidence as a business leader. Consistency is Key Rapidly changing methods and ideas can prevent a business leader from feeling confident. The business should work for the business leader, not the other way around. Gaining a sense of consistency and stability with schedules, rules, and realistic expectations can lead to an increase in confidence that the business will run smoothly. Know and understand the key parts of the business, important dates, and the function of each role. You can only become confident in your business operations when you fully grasp the nature of the entire business. Be Yourself Being afraid to say what you think can be viewed as a lack of confidence. Speaking your mind, while still having a professional filter, can build confidence as it shows you are part of a team and contributing. Being yourself will also dispel any notion coworkers might have that you are not being a genuine person. Openness and authenticity will not only strengthen your bond with your employees, but are also essential traits for effective leadership. Be Open to Criticism Change cannot come from one person alone, and not all criticism should be seen as a slight against you. Listen to feedback from coworkers and customers and tailor that feedback into something positive. Do not let the criticism fester and destroy your confidence, take it and use it to grow as a person. Accepting constructive criticism and negative comments can help increase your confidence. Know What You Are Talking About Fully understanding what you are talking about can help improve your confidence. If you are a business leader, strive to know everything you can about the business and its operations. If you are speaking about a topic, research everything you can about that topic. Become the expert. You will be better positioned to demonstrate confidence when it is clear that you are invested in what you are discussing. Confidence can not only make or break your career, it can impact the business as a whole. You can take your confidence to the next level, while learning how to prevent situations from arising that can be detrimental to your confidence. For a consultation,contact our team. 4420 Hotel Circle Court Suite 350 San Diego, CA 92108 ...read more

CPA 92108 The up and down nature of confidence can be exemplified as a business leader because of the stressful nature of maintaining a high-ranking position. Confidence can grow with practice and effort. Here are four ways to grow confidence as a business leader. Consistency is Key Rapidly changing methods and ideas can prevent a business leader from feeling confident. The business should work for the business leader, not the other way around. Gaining a sense of consistency and stability with schedules, rules, and realistic expectations can lead to an increase in confidence that the business will run smoothly. Know and understand the key parts of the business, important dates, and the function of each role. You can only become confident in your business operations when you fully grasp the nature of the entire business. Be Yourself Being afraid to say what you think can be viewed as a lack of confidence. Speaking your mind, while still having a professional filter, can build confidence as it shows you are part of a team and contributing. Being yourself will also dispel any notion coworkers might have that you are not being a genuine person. Openness and authenticity will not only strengthen your bond with your employees, but are also essential traits for effective leadership. Be Open to Criticism Change cannot come from one person alone, and not all criticism should be seen as a slight against you. Listen to feedback from coworkers and customers and tailor that feedback into something positive. Do not let the criticism fester and destroy your confidence, take it and use it to grow as a person. Accepting constructive criticism and negative comments can help increase your confidence. Know What You Are Talking About Fully understanding what you are talking about can help improve your confidence. If you are a business leader, strive to know everything you can about the business and its operations. If you are speaking about a topic, research everything you can about that topic. Become the expert. You will be better positioned to demonstrate confidence when it is clear that you are invested in what you are discussing. Confidence can not only make or break your career, it can impact the business as a whole. You can take your confidence to the next level, while learning how to prevent situations from arising that can be detrimental to your confidence. For a consultation,contact our team. 4420 Hotel Circle Court Suite 350 San Diego, CA 92108 ...read more

92108 practice sales Finding a bad review of your business can feel like your world is turned upside down. Some business owners may choose the approach of dismissing the negative feedback and blaming the customer or client. When ignored, negative reviews can have a detrimental impact on your business. Here’s how: You Will Lose Clients Customers and clients will not want to be treated disrespectfully. They want their voices heard and to be valued as an individual. If you ignore negative reviews, you are essentially telling both the reviewer and prospective leads that you don’t care about what they have to say. The clients that do complain are ones that feel passionately enough about your business to voice their concerns. If you don’t validate those concerns, expect them to take their business elsewhere. Missing a Chance to Learn Mistakes present an opportunity for business leaders to learn. It’s even better when a client presents those mistakes clearly. This will allow you to learn why the mistake happened and how to fix it so it doesn’t happen in the future. If you ignore the feedback from the client, you will not know what the mistake was and it may happen again. Negative reviews offer a chance to learn and grow your business, if you ignore them you miss that opportunity. No Response Speaks Volumes Potential clients that are looking at your online profile will see that a bad review is being ignored. If that were to happen, you could lose out on their business and any referrals they might make in the future because they don’t think you care about your clients. This applies to current clients that keep track of your businesses reviews. Running Out of Excuses Due to the nature of reviews being public, once a client writes one, everyone can see it. This creates a lasting list of negative occurrences for your business that can be referenced by others. Address poor reviews when possible. Show the client or customer that you care about their thoughts. While it may not win them back, it may be the perfect set up to capture future loyal clients who see your thoughtful and personal response. Great reviews are not the only ones that can help improve your business. Bad reviews present an opportunity to learn from them and grow your business. If you choose to ignore poor reviews, the consequences could be disastrous. Not only could you lose current clients, but negative reviews could impact the decisions of future clients looking at your business. When you see a negative review, take a step back and see what you can learn from the experience. Address their concerns, and make an effort to change your business to create positive experiences in the future. Contact our team for a consultation today. 4420 Hotel Circle Court Suite 350 San Diego, CA 92108 ...read more

92108 CPA Finding a bad review of your business can feel like your world is turned upside down. Some business owners may choose the approach of dismissing the negative feedback and blaming the customer or client. When ignored, negative reviews can have a detrimental impact on your business. Here’s how: You Will Lose Clients Customers and clients will not want to be treated disrespectfully. They want their voices heard and to be valued as an individual. If you ignore negative reviews, you are essentially telling both the reviewer and prospective leads that you don’t care about what they have to say. The clients that do complain are ones that feel passionately enough about your business to voice their concerns. If you don’t validate those concerns, expect them to take their business elsewhere. Missing a Chance to Learn Mistakes present an opportunity for business leaders to learn. It’s even better when a client presents those mistakes clearly. This will allow you to learn why the mistake happened and how to fix it so it doesn’t happen in the future. If you ignore the feedback from the client, you will not know what the mistake was and it may happen again. Negative reviews offer a chance to learn and grow your business, if you ignore them you miss that opportunity. No Response Speaks Volumes Potential clients that are looking at your online profile will see that a bad review is being ignored. If that were to happen, you could lose out on their business and any referrals they might make in the future because they don’t think you care about your clients. This applies to current clients that keep track of your businesses reviews. Running Out of Excuses Due to the nature of reviews being public, once a client writes one, everyone can see it. This creates a lasting list of negative occurrences for your business that can be referenced by others. Address poor reviews when possible. Show the client or customer that you care about their thoughts. While it may not win them back, it may be the perfect set up to capture future loyal clients who see your thoughtful and personal response. Great reviews are not the only ones that can help improve your business. Bad reviews present an opportunity to learn from them and grow your business. If you choose to ignore poor reviews, the consequences could be disastrous. Not only could you lose current clients, but negative reviews could impact the decisions of future clients looking at your business. When you see a negative review, take a step back and see what you can learn from the experience. Address their concerns, and make an effort to change your business to create positive experiences in the future. Contact our team for a consultation today. 4420 Hotel Circle Court Suite 350 San Diego, CA 92108 ...read more

Making the decision to purchase your very own dental practice will be an exciting and often confusing time. Being as informed and prepared as possible on the fundamentals of owning a practice can help make this new journey a little smoother.   Below you will find four crucial factors to really understand before starting this process.   Cash Flow.When it comes to your business’s finances, it may seem logical to focus on sales price when in fact the most important financial factor is the practice’s cash flow. Your cash flow is what you will be using to repay any debt you may have from making purchases for your new practice, so it is even more important than sales price.   Expenses.Once you understand your practice’s cash flow, you will be able to better understand the crucial expenses. You should be able to determine if your practice is staffed properly. Over or under-staffing your practice could greatly impact your profitability. Ordering unnecessary office supplies also impacts your profits. Recurring expenses often become unnecessary expenses. Having a pre-sale audit is a great way to make sure every expense is justified.   Patients.Knowing what your current and potential client base could look like is an important step. Understanding the community’s potential as a source of patients rather than relying on the practice’s current patient load will help you understand how aggressively you need to advertise your new practice.   Facility.Making sure your practice is appealing both externally and internally can help with your practice’s profitability. The outside of the practice should not be rundown. Internally, you want patients to see up-to-date equipment so they know they are receiving high-quality care. For more advice and guidance in purchasing and starting your own dental practice, contact Ken Rubin for a complimentary consultation atwww.kenrubincpa.com. ...read more

Contact us at (206) 316-9562 in San Diego, CA, to learn more about our financial reporting tool for effective accounting solutions. ...read more

Like it or not, April 15th arrives every year. None of us like doing taxes, but it’s something we all have to do. If you’re trying to save money by filing your own taxes, you might actually make matters worse by filing incorrectly or missing out on valuable deductions. We know the code. California state and Federal tax codes change from year to year. We make it our job to stay on top of these changes and file your taxes so you can receive the greatest advantage. Our goal is a simple one: we want your tax bill to be as low as possible—legally of course! Count on us for all of your tax preparation needs. Whether you are looking for assistance filing your tax return or help managing your tax burden, our expertise and experience can make this process much more manageable. It’s our goal to minimize your tax burned while providing outstanding professional service and personal attention. Through our years of experience we are able to specialize in tax preparation services for a variety of interests. ...read more

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7 Biggest Misconceptions Business Owners Have About Their Returns One of the biggest hurdles you'll face in running your own business is staying on top of your numerous obligations to federal, state, and local tax agencies. Tax codes seem to be in a constant state of flux making the Internal Revenue Code barely understandable to most people. The old legal saying that "ignorance of the law is no excuse" is perhaps most often applied in tax settings and it is safe to assume that a tax auditor presenting an assessment of additional taxes, penalties, and interest will not look kindly on an "I didn't know I was required to do that" claim. On the flip side, it is surprising how many small businesses actually overpay their taxes, neglecting to take deductions they're legally entitled to that can help them lower their tax bill. Preparing your taxes and strategizing as to how to keep more of your hard-earned dollars in your pocket becomes increasingly difficult with each passing year. Your best course of action to save time, frustration, money, and an auditor knocking on your door, is to have a professional accountant handle your taxes. Tax professionals have years of experience with tax preparation, religiously attend tax seminars, read scores of journals, magazines, and monthly tax tips, among other things, to correctly interpret the changing tax code. When it comes to tax planning for small businesses, the complexity of tax law generates a lot of folklore and misinformation that also leads to costly mistakes. With that in mind, here is a look at some of the more common small business tax misperceptions. 1. All Start-Up Costs Are Immediately Deductible Business start-up costs refer to expenses incurred before you actually begin operating your business. Business start-up costs include both start up and organizational costs and vary depending on the type of business. Examples of these types of costs include advertising, travel, surveys, and training. These start up and organizational costs are generally called capital expenditures. Costs for a particular asset (such as machinery or office equipment) are recovered through depreciation or Section 179 expensing. When you start a business, you can elect to deduct or amortize certain business start-up costs. Starting in tax year 2011, you can elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred after October 22, 2004. The $5,000 deduction is reduced by the amount your total start-up or organizational costs exceed $50,000. Any remaining costs must be amortized. 2. Overpaying the IRS Makes You "Audit Proof" The IRS doesn't care if you pay the right amount of taxes or overpay your taxes. They do care if you pay less than you owe and you can't substantiate your deductions. Even if you overpay in one area, the IRS will still hit you with interest and penalties if you underpay in another. It is never a good idea to knowingly or unknowingly overpay the IRS. The best way to "Audit Proof" yourself is to properly document your expenses and make sure you are getting good advice from your tax accountant. 3. Being incorporated enables you to take more deductions. Self-employed individuals (sole proprietors and S Corps) qualify for many of the same deductions that incorporated businesses do, and for many small businesses, being incorporated is an unnecessary expense and burden. Start-ups can spend thousands of dollars in legal and accounting fees to set up a corporation, only to discover soon thereafter that they need to change their name or move the company in a different direction. In addition, plenty of small business owners who incorporate don't make money for the first few years and find themselves saddled with minimum corporate tax payments and no income. 4. The home office deduction is a red flag for an audit. While it used to be a red flag, this is no longer true--as long as you keep excellent records that satisfy IRS requirements. Because of the proliferation of home offices, tax officials cannot possibly audit all tax returns containing the home office deduction. In other words, there is no need to fear an audit just because you take the home office deduction. A high deduction-to-income ratio however, may raise a red flag and lead to an audit. 5. If you don't take the home office deduction, business expenses are not deductible. You are still eligible to take deductions for business supplies, business-related phone bills, travel expenses, printing, wages paid to employees or contract workers, depreciation of equipment used for your business, and other expenses related to running a home-based business, whether or not you take the home office deduction. 6. Requesting an extension on your taxes is an extension to pay taxes. Extensions enable you to extend your filing date only. Penalties and interest begin accruing from the date your taxes are due. 7. Part-time business owners cannot set up self-employed pensions. If you start up a company while you have a salaried position complete with a 401K plan, you can still set up a SEP-IRA for your business and take the deduction. A tax headache is only one mistake away, be it a missed payment or filing deadline, an improperly claimed deduction, or incomplete records and understanding how the tax system works is beneficial to any business owner, whether you run a small to medium sized business or are a sole proprietor. And, even if you delegate the tax preparation to someone else, you are still liable for the accuracy of your tax returns. If you have any questions, don't hesitate to give us a call or emails at Invictus Advisors we are always here to help you and your business succeed ...read more

Let the pros make sure your books are set up correctly for FREE1 out of 3 Companies Accounting System are not set up correctly which will cost you more Time, Money and Effort at year end to fix.All of our Consulting / Reviews are free and will give you a quote on site with any service you need and if your systems are set up correctly then you are getting a Review for FREEIf you're in need of professional accounting or tax consulting /services, please give us a call. It would be our pleasure to apply our experience in financial services to your specific situation. We specialize in financial consulting and services for startups, and small to medium sized businesses. Corporations, LLC's, and individuals.What makes us unique is the personal attention, commitment and energy we bring to each client relationship to meet their accounting and financial needs and goals. ...read more

Would you answer 'Yes' to any of these payroll questions? 1. Is doing your own payroll taking time away from running your business?2. Have you had to pay a penalty because of payroll tax errors or missed deadlines?3. Does it feel like you're spending too much money on payroll services? If so, then read on. I can manage all of your payroll needs at a cost-effective rate. I guarantee that your payroll will be accurate, timely, and hassle-free. F C Payroll Accounting specializes in payroll, bookkeeping/accounting and income tax preparation.  Our full service payroll pricing is very competitive. Payroll starts as low as $ 30 for a weekly payroll for a firm with 5 employees.Call us 858-4874444 ...read more

Let us review any prior year taxes for FREE to make sure you have not left any extra refunds behind. I offer professional Income Taxes for individual or business, Bookkeeping, Consultation, Forensic Bookkeeping , Training and more. Call or Email today ...read more

I guess that answer really depends on who you are, and what you do from 8am to 6pm everyday! (More about that later.) But before we dive into the question, let's really define what "on-demand" means. On-demand, not to be confused with SaaS or Software as a Service, really means you can get it anytime. SaaS, while cloud based, doesn't really mean on-demand, does it? It means, I found your solution on the web. I can use your solution on the web, but I really need to wait for a sales person to call me and give me pricing. Of course after I've been kept on the phone and "pre-qualified" and questioned as to when I will be making a decision and if I am the decision maker! Right?? I think some of these vendors, i.e. Netsuite, Intacct and now EpicorExpress to name a few are most definitely SaaS solutions. But they are not on demand!! A good example of on demand that most of us can relate to is renting movies. Today, that means picking up your remote and ordering the movie right then and there and watching it within seconds. Not waiting for it to come in the mail in the little red envelope in a couple of days, and not waiting for it to download onto your television. So that's what "on-demand" really means. So is there really a need for it? Now back to my initial question: I guess the answer depends on who you are and what you do between 8am and 6pm. If you happened to be the CEO or CFO of your company (or the only "C" of your company) you have lots to do between 8am and 6pm. And you probably work longer than that!!! So between those hours you are probably trying to work with customers in getting their issues and products shipped, working with vendors to try to get your supplies delivered on time, or working with your employees who always seems to find ways to interrupt your perfectly planned days with HR issues or communications issues – you know the kind I am talking about. So when exactly do you have time to review your current accounting system – the one that doesn't give you the reports you need, the one you cannot access from home or while traveling, or the one that just doesn't work anymore because half your data is now on Excel spreadsheets and you don't know who has the latest version or you forgot which drive you saved it on. So now that you have tackled all the issues of the day, it is probably after 6pm and you finally have some time to concentrate on the fact that you need a new accounting system!!! So you start your research on the web, looking for the right fit, and then drop out some emails, possibly so someone can call you tomorrow with more information (when you won't have time to take a call). Or, you can find a site like myGPcloud.com that has all the information you need; it lets you view some helpful videos about the product, (without giving your complete company history on a contact form), register to use the product (without giving a credit card number) and know that it is backed by one of the largest companies in the world (so you know they will have the R&D; budget to keep it current)have the ability to chat ( in case you get stuck along the way), read the blog experiences ( in case you don't believe the vendor) or view the "how to" hints that arrive daily in your inbox that you will be able to save and read when you have time. Plus, someone with an accounting background also setup a useful and meaningful chart of accounts, pre-set some of the common setup's that all companies need, and actually put financial statements that you could give to your bank, partners or investors without you having to spend time or effort to create them. And all that with: no sales call, no sales pitch you have to listen to, no demonstration that you have to wait for, no upfront fee (possibly a year's worth by the other guys I mentioned) and no contract commitments – other than just paying your monthly fee!!!!. Oh, and an uptime guarantee of 99.5%! Hmm I think someone out there needs help with that these days. And when you are ready for a Certified Microsoft Dynamics Partner to help you, myGPcloud will give some sites to help you find one in your area – self service of course! Now, in my opinion that is "on-demand" and that my fellow business owners, accountants and "C" level execs , is what sets myGPcloud apart from the typical SaaS solutions on the market today So when asked is there really a need for an "on-demand" ERP solution? Just look at your watch and tell me what time of day it is while you read this blog. If it is after 5pm, well you know the answer. Our economy has changed. We must do more with less people. We must grow our businesses without the assistance of financing either from banks or the public market. The days of extensive capital expenditures are gone. Great products with little or no risk will (must) become the norm, because that is what customer want and need. Try myGPcloud.com and tell us what you think. We welcome your opinion. Linda Rose, CEO myGPcloud ...read more