You may have heard that the U.S. Small Business Administration extended deferments for EIDL loan payments until 2022. While this is great news and comes as a huge relief for small business owners, here are some important things to note: First, if you received the loan in 2020, your deferment has been automatically extended from 12 months to 24 months from the date of the note. If you received the loan in 2021, your deferment has been extended from 12 to 18 months. Second, k

If you're like many practice owners, you may be feeling a bit overwhelmed with your bookkeeping and getting ready for tax filing. There are bills to enter, accounts to reconcile, expense receipts to add up, and new PPP and SBA loans for 2020. We're here to help so you have more time for the things you do best: treating patients, leading your team, and managing your practice! Give us a call or contact us through our website at www.brightersmilesbookkeeping.com. We're here to

Here's some helpful information for dental practices regarding SBA and PPP loans recently put out by the ADA and the Academy of Dental CPA's. As always, Brighter Smiles Bookkeeping is here and available to help clients navigate the process! Please visit our website at www.brightersmilesbookkeeping for more information! #bookkeeping #accounting #SBAloan #PPPloan #dentists #dentalpractice #smallbusiness #bookkeeper #accountant #dentaloffice

One of the most important things small business owners can do to become more profitable is to focus their time on the things they excel at, and delegate the rest. Dentists are no exception! We take the bookkeeping burden off your plate so that you have more time to focus on dentistry. It's our specialty. To learn more, please visit our website at www.brightersmilesbookkeeping.com. We look forward to connecting! #bookkeeping #accounting #dental #smallbusiness #money #bookkee

As we approach the end of 2020, it's that time when we start thinking about New Year's resolutions. Are you tired of doing your own bookkeeping? Not sure if it's being done correctly? Worried about your taxes? Make hiring a dental bookkeeper part of your 2021 plans and make next year a stellar year! To learn more or to contact us, visit our website at www.brightersmilesbookkeeping.com. It's time to give your practice books a new start! #bookkeeper #accountant #dentalbookkeepe

What is depreciation? It's defined as "the reduction of recorded cost of a fixed asset in a systematic manner until the value of the asset becomes zero or negligible." Any time a fixed asset is purchased, whether that be buildings, equipment, furniture, etc., it's important to track its depreciation. One reason is so that you have an accurate picture of the value of your assets and can make informed decisions about disposal or purchase. Another reason is that depreciation e