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Hess Business Advisors, LLC
Business and Tax Consulting for Dentists
info@hessbusinessadvisors.com

Following are some helps for running your business.

We believe that meaningful missions can have a big impact on business performance and encourage you to take the time to develop your mission. 

The links below will help you to develop your own mission: 

docs.google.com/View - Article on developing your mission

docs.google.com/View -  Mission worksheet

spreadsheets.google.com/pub - Goal input form for General Dentist

 

Employee fringe benefits are an important of your employee package.

Information regarding Health Insurance Fringe Benefit

 

Following are some miscellaneous items of interest: 

 

 
Driving the Company Car
There are many valid business reasons for having a company car. For example, most businesses will need a car at some point so that the owners or employees can visit customers, make deliveries, and travel to industry conferences. Expenses related to cars that are used 100% for business purposes are fully deductible by the business.
 
New Pension Act Covers More Than Just Pensions
You may have heard about the Pension Protection Act of 2006 (Pension Act). Many of the changes in this legislation actually have nothing to do with pension plans, even though its main purpose was purportedly to shore up traditional defined benefit pension plans, including those of the legacy airlines, and avoid the need for a future taxpayer-funded bailout.
 
New Formula for the Telephone Tax Refund
Businesses and tax-exempt organizations can request a refund of the federal long-distance telephone excise taxes they paid during the 41-month period from March 2003 through July 2006.