Brightening
the future of your practice.
Good Day Advisors provides dental practices exceptional tax and accounting services. With our certified training and expansive financial knowledge, we are equipped to handle all of your accounting needs, no matter how complex.
View ServicesKnowledgeable, Reliable CFO,Transition & Startup Services
Whether you require support with bookkeeping, practice transitions, or everything in between; we are ready to serve as your tax planners and accounting advisors.
Outsourced
CFO Package
Starting at $600/mo if ordered as a bundle
Tax Planning & Preparation
Starting at $300/mo
Run your business in a tax effective way. With ever-changing tax laws, especially post-2018, a fresh look at how your taxes are being prepared is essential. This service includes:
- • Develop an effective tax plan to meet your business and personal needs.
- • Annual tax return preparation to ensure accuracy and accountability.
- • Monthly tax liability reports to keep your business on track.
- • Help with understanding, responding to or disputing IRS notices.
Monthly Business Accounting
Starting at $300/mo
Having certified and trained professionals looking over the accounting of your practice can help you develop a more functional plan, boost production and eliminate over-spending. This service includes:
- • Monthly bookkeeping tailored to dental practices.
- • Monthly financial reports to show progress and opportunities.
- • Analysis for profitability by segment.
- • Goal setting and benchmarking for growth.
Comprehensive Business Payroll
Starting at $50/mo
Gathering payroll information from current and future employees can be a burdensome and time-consuming task. Let our team help ease that burden. This service includes:
- • Help with onboarding to payroll software.
- • Work closely with payroll provider to ensure accuracy.
- • Adjust reasonable compensation of owner, as necessary.
- • Support staying current on retirement funding responsibilities.
Miscellaneous Financial Reporting
Starting at $100/hr
Audits, reporting requirements and accounting and tax needs are complex and difficult to understand. Professional support helps you avoid problems and effectively resolve concerns. This service includes:
- • Assist clients with Worker's Compensation audits.
- • Prepare and file Form 1099-MISC for independent contractors.
- • Help with responding to IRS or State notices.
Practice
Transition
Services
Buyer
Starting at $1500
When considering buying the practice you’re working in or becoming a practice owner, it’s important to ensure your decision is a smart one financially. Our services include:
- • Perform valuation analysis of target practice and budget analysis.
- • Provide detailed purchase price/allocation of practice.
- • Advocate for buyer throughout purchase.
- • Develop purchase agreement in conjunction with attorney.
Seller
Starting at $1500
A lot goes into planning for retirement and the sale of your practice. Whether you are planning on selling in 5 years or next month, we can help. This service includes:
- • Analysis of all income and expense items to optimize practice for peak selling price.
- • Create tailored path and milestones for practice owners in anticipation of sale.
- • Allocate purchase price of practice to varying assets of the practice.
- • Detailed valuation services to make sure you are selling at the right price.
Practice
Start-Up
Services
Practice Start-Up Preparedness
Starting at $1000
Professional support and essential tools ensure you get started on the right foot when starting your practice from scratch. This service includes:
- • Working in conjunction with attorney to get your legal entity set up.
- • Help in setting up business bank accounts and bookkeeping software.
- • Utilize accounting software specific to your practice in dentistry.
- • Prepare and file S Election (if S Corp) and support early stage budgeting and financing needs
Partnership Venture Support
Starting at $1500
Our partnership venture offering makes sure that you are getting accurate value for your practice from the incoming doctor. This service includes:
- • Valuation of practice.
- • Help with organization of partnership and determination of profit/loss with partner.
- • Advocacy for you during buy-in.
- • Education to ensure your practice runs effectively from a tax and accounting standpoint.
Business Tax Plan Consultation
Starting at $1500
Second opinions help ensure your practice is running efficiently. This is accomplished with a business tax plan from Good Day Advisors. This service includes:
- • Review of past bookkeeping and tax returns.
- • Identify possible tax savings opportunities.
- • Provide detailed report of how to implement new strategies.
- • Help implement new strategies with current CPA.
Cost Segregation Analysis
Starting at $1000
Cost Segregation analysis of real estate can help boost your cash flow and save you thousands in tax. This service includes:
- • Perform cost segregation analysis of your building.
- • Help in implementing cost segregation to various assets of building.
- • Update current year's tax filing to include additional expenses from cost segregation.
Strong Partnerships & Personalized Planning to Help Your Business Achieve More
Whether you are getting ready to purchase a practice, going into partnership with another professional or working to grow your existing business, purposeful planning and having access to the right tools is important in setting goals and staying on course to realize them. As a professional financial team, we work in collaboration with you to help you determine financial goals, get organized and have a thorough understanding as to how to reach them.
We’ll cut through the red tape of confusing tax and financial documents, communicating with you, being there to answer your questions and freeing you up to devote more time to your practice, all while knowing that the financial matters that help determine the success of your business are in trusted, experienced hands. Personalized services ensure the right level of support is always available, helping you and your practice to develop a solid strategy and achieve more.
Kevin Day