Edwards & Associates, PC

07/17/2026

It takes a lot of work for your dental practice to see a huge increase in your numbers, right?

Actually, you're wrong. It doesn't have to be a crazy amount of work, but instead, focusing on simple steps on a consistent basis.

Kiera Dent of joined us to talk about how practice owners can grow their practice and discuss what she sees as some of the biggest mistakes they make when trying to get out of the hamster wheel of running a business.

You can listen to the full episode here: https://eandassociates.com/knowledge-is-power-when-running-your-dental-practice/

07/17/2026

If you use your vehicle for more than commuting to and from your dental practice, you may be missing out on valuable tax deductions. Traveling between practice locations, attending continuing education, meeting with advisors, or visiting suppliers may all qualify as business use.

In this post, we explain which miles count, the difference between the IRS standard mileage and actual expense methods, and why good recordkeeping is essential to maximizing your deduction while staying compliant.

https://eandassociates.com/should-you-be-taking-a-deduction-for-business-use-of-your-vehicle/

New mileage deduction rates, which miles qualify, the IRS deduction methods, and how to maximize your business vehicle tax deduction.

07/16/2026

Is trying to track down your PPO reimbursements costing you time and money? And is this something as a practice owner that you should be doing yourself? Unfortunately, you might be leaving a lot of money on the table.
https://eandassociates.com/beyond-bitewings-ppo-reimbursement-rates/

07/16/2026

We're excited to be attending the Southwest Dental Conference and look forward to connecting with dental professionals from across Texas and beyond.

If you'll be there, be sure to stop by Booth #206. Whether you have questions about practice transitions, profitability, tax planning, or simply want to introduce yourself, we'd love to meet you.

While you're visiting, enter our drawing for a chance to win two tickets to a Dallas Cowboys or Dallas Mavericks game, and don't forget to pick up one of our fun giveaways while you're there.

We hope to see you in Dallas!
https://swdentalconf.org

The annual Southwest Dental Conference is the premier dental conference in the southwest, hosted by Dallas County Dental Society. The event features superior education and CE opportunities, exceptional speakers discussing the latest in the dental community and an Exhibit Hall featuring the most adva...

07/15/2026

Can you put your kids on payroll? The answer is yes, but only if it's done correctly. Hiring your children to work in your dental practice can provide tax advantages while helping them develop valuable workplace skills and financial responsibility. The key is making sure the work is legitimate, the compensation is reasonable, and the arrangement is properly documented.

Before adding a family member to payroll, it's important to understand the IRS rules and how the strategy fits into your overall tax plan.

Learn what every dental practice owner should know before hiring their children. https://eandassociates.com/can-you-put-your-kids-on-payroll-a-guide-for-dental-practice-owners/

Can you put your kids on payroll? Dental practice owners can legally hire their children, meet IRS rules, and gain valuable tax benefits.

07/15/2026

If inflation decreases, will hygienists' wages also decrease?

Unfortunately, rates will stay where they are, but ensuring you have a great staff will be one way you can optimize your practice. And even though we've seen a huge increase in hygienists leaving the field during and after the pandemic, many are still graduating from school.

So yes, finding help is still a bit tough, but this shouldn't last much longer.

What are you doing to find the right staff for your dental practice?

We talked about some ideas in this podcast.

Find the full episode here: https://eandassociates.com/building-and-optimizing-dental-practices-current-trends-in-the-industry/

07/14/2026

The IRS just cleared up a gift tax question. Contributions to Trump Accounts now qualify for a gift tax reporting safe harbor, meaning friends and family can fund these accounts without triggering extra reporting requirements.

For parents and grandparents weighing these accounts, that's one less compliance hurdle.

Read the full IRS release: https://www.irs.gov/newsroom/treasury-irs-provide-safe-harbor-for-certain-contributions-to-trump-accounts-under-the-working-families-tax-cuts

IR-2026-80, June 29, 2026 — The Department of the Treasury and the Internal Revenue Service today issued Revenue Procedure 2026-25 providing a gift tax reporting safe harbor for certain contributions to Trump accounts created under the Working Families Tax Cuts.

07/14/2026

Running a business is hard, and as much as we would love to grow without ever hitting a bump, making a mistake is inevitable. It's important, though that as you see something isn't working that you don't continue to try to make it work. Cutting your losses can be okay.

07/13/2026

Your CPA may do an excellent job preparing your tax return, but what happens during the other 11 months of the year?

As your dental practice grows, so do the financial decisions you face. Expanding your practice, hiring associates, evaluating PPO participation, improving cash flow, and planning for retirement all require strategic guidance, not just tax compliance.

If your advisor is only documenting what already happened instead of helping you make better decisions for the future, it may be time to ask a different question: Has your practice outgrown its CPA?

Read our latest article to learn when it may be time to seek more specialized financial guidance. https://eandassociates.com/has-your-dental-practice-outgrown-its-cpa/

Has your dental practice outgrown its CPA? Learn when it's time to move beyond tax preparation and seek financial guidance from a dental CPA.

07/13/2026

In a down market, should you finally consider buying ? Many are still afraid of , but is this really the future of money? A former now full-time crypto investor joins us on this to help.

https://eandassociates.com/cryptocurrency-an-introduction