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Latest news & blog posts

PracticeCFO is committed to providing customized financial advice to dental practices and their owners. Below are our recent posts designed to keep you in-the-know.
Navigating Insurance Networks To Your Advantage
A couple of clients have told me recently that they’d been getting 80+ new patients per month, which sounds great!  Of course the influx made them feel busy and hectic, but more patients is better…. right?  Turns out, 90% of the new patients were Delta PPO patients.  The patients’ original office had gone out of network […]
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Start Planning! The IRS's Latest Increases To Your Retirement Savings
With the new year around the corner, the IRS has issued new maximums for retirement plans and other tax-advantaged contributions, like HSAs. The new maximums are a significant jump in your ability to save for retirement and reduce taxes.  Your CFO Advisor will help you make the most of these in the upcoming year.
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Your PracticeCFO Tour: Check Out Our Demo Video!
Welcome to your tour of PracticeCFO! We're thrilled to premiere our new client services demo, led by our very own CEO & founder, Wes Read. This video provides a thorough glimpse into what it means to be a client of ours. Why does our service model work? How do we effectively accelerate the path to financial independence? And how exactly […]
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Why Your Accountant Is Your Worst Enemy
No, we're certainly not talking about our accounting team here at PracticeCFO. So what exactly do we mean by the title? Say you're not a client of PracticeCFO, and instead you are a dentist looking to be financially independent. However you are relying solely on your accountant/ CPA to help you with this. You don't have somebody who is uniquely qualified […]
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New Podcast! Why Are You In Life, Featuring Chuck Blakeman
We're thrilled to introduce Chuck Blakeman to our latest episode of The Dental Board Room! Chuck is a best-selling author, entrepreneur, TED speaker, and founder of the Crankset group. Listen in as we talk about defining the relationship between our roots and our fruits, the importance of proper motive when running our business, the relationship […]
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Student Loan Forgiveness: What's Next?
Student loan forgiveness has been halted by the courts. On October 21st, a federal appeals court temporarily blocked President Biden’s student debt relief program from moving forward while the court considers a bid for an injunction by six Republican-led states that want the program nixed. While it is unknown when the court will decide the case, it has […]
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Strategies on Selling with Existing PPP and EIDL Loans
Have you thought about selling your dental practice but are worried about how a PPP or EIDL loan might affect the sale? It’s OK!  You’re not alone! Many practice owners have been able to sell their practices even when the practice is encumbered with these loans.  While your CFO and the escrow agent will help you […]
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A Welcome Relief (But Not For All): Student Loan Forgiveness
After years of public debate and swirling rumors about the size and scope of student loan forgiveness, the specifics of President Biden’s plan have finally been revealed.  This is welcome news for millions of borrowers, however there are important caveats to this unprecedented executive order. Forgiveness Qualification:There are roughly 45 million federal student loan borrowers in […]
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New Podcast! Landmines To Avoid When Purchasing a Dental Practice (And More!)
Purchasing a dental practice is a complicated process full of potential landmines. In this episode, we interview Joanne Tanner, a 30-year veteran of practice management consulting and dental buyer support services. Joanne and Wes discuss what “due diligence” actually mean when purchasing a dental practice. What reports should be reviewed. What are the indicators of potential […]
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New Podcast! Upside Down Leadership as a Dental Practice Owner
Now this is a podcast you DON'T want to miss! We welcome back Bob Spiel, coach and practice management consultant. Bob brings his background as an MBA and operations director at fortune 500 companies to help dental practice owner learn how to be exceptional leaders. In his book, “Flip Your Focus: Igniting People, Profits, and Performance […]
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