MDcpas was established to meet the unique needs of healthcare professionals, providing medical, dental, and other healthcare business accounting, healthcare tax services, and financial planning for doctors and dentists, medical practice consulting and benchmarking, as well as dental practice consulting and benchmarking. With over 25 years of experience, MDcpas aims to understand and fulfill client needs, minimize tax burden, maximize wealth, and lower financial anxiety.
They serve Manhattan, New Hyde Park, Manhasset, Hauppauge, Syosset, New York, Garden City, Great Neck, and nearby areas.
Specialized in healthcare accounting and tax services
Personalized service for medical and dental practices
Comprehensive financial planning and consulting
Paperless, cloud-based operations for sustainability
Services
Entity Selection & Incorporation
Assistance with selecting and setting up the appropriate business entity for healthcare practices.
Entity selection guidanceIncorporation services
Accounting & Tax
Comprehensive accounting and tax services tailored for medical and dental practices.
Medical & dental practice accountingTax planning and preparationCompliance with Tax Cuts & Jobs Act
QuickBooks Consulting
Guidance and setup of QuickBooks for efficient financial management.
QuickBooks setupCustomizationTraining
Insurance Needs
Assessment and recommendation of appropriate insurance coverage for healthcare practices.
Risk assessmentPolicy selectionOngoing review
Equipment & Technology Investments
Guidance on financing and managing equipment and technology investments.
Strategic planning and management of real estate assets for healthcare practices.
Market analysisLeasing adviceTax optimization
Credentials & Certifications
CPA
Since 1984
Life, Health and Disability Insurance Sales License
Reviews
Rating
5
★★★★★
Reviews
4
Frequently Asked Questions
How can we keep healthcare accounting fees and associated costs down? +
Assuring complete information is provided in the first instance is a great first step! High accounting fees often result from your accountant not being given complete information. Providing your accountant with all the necessary information at the beginning of their work reduces time spent on the job, leading to lower fees. We suggest supplying online access to your bank accounts, payroll processing firm, and other relevant tax data in read-only format.
What is the benefit of outsourcing accounting functions? +
Outsourcing your accounting is often a very effective tool in limiting your finance department costs. It creates a win-win relationship for both the CPA firm and the client. If you do not need nor can afford an internal heavy hitter, outsourcing is the way to go, especially if it is a position that can be completed for less than 40 hours a week. This turns a higher fixed cost into a variable cost that you pay for only when you need it, providing expertise and eliminating potential for employee theft.
How does MDcpas ensure the accuracy of financial information? +
MDcpas ensures the accuracy of financial information by assuring complete information is provided in the first instance, which reduces the need for follow-up and minimizes errors. They suggest supplying online access to bank accounts, payroll processing firms, and other relevant tax data in read-only format to save time and ensure data accuracy.
5.0
