the blog

Welcome to the Tooth and Coin Podcast - a revamping of the Start Your Dental Practice Podcast by Jonathan VanHorn, CPA/ABV. He is now joined by Joseph Rugger, CPA/CGMA to explore the ins and outs of running a dental practice from a CPA's perspective. This episode explains more about Jonathan and Joseph, as well as how the podcast will help dentists.

People like money. Nefarious people like to steal money - and sometimes they can find some pretty creative ways to do so. Fraud runs rampant in the dental industry. Some experts say that as many as 50% of practices deal with it at some point in time. How can you protect your practice? Jonathan VanHorn and Joseph Rugger discuss fraud in the dental industry in this episode of the Tooth & Coin Podcast.

As a dentist, opening up a dental practice can be daunting. You've gone to years of schooling to become a dentist, but likely have had minimal education or experience pertaining to how to run a business. In this episode of the Tooth & Coin Podcast, Jonathan VanHorn and Joseph Rugger discuss the challenges that they see many of their dental clients face when opening a new practice.

In episode 2 of the Tooth and Coin Podcast, Jonathan and Joseph discuss what a CFO is and how they can help your practice. Does your CPA act as a CFO for your dental practice, or do you need someone else? Listen to find out!

In this episode, we had the pleasure of speaking with Dr. Phelps and picking his brain about how to use network marketing in a dental practice. Dr. Phelps is an entrepreneur and general dentist who owns multiple practices in the Charlotte, NC region.

Now that you’re a practice owner, you’ve already spent years in dental school, completing a residency, and even keeping up with continuing education courses. If you pursued this conventional way of obtaining your qualifications and schooling, you likely did not acquire extensive knowledge of bookkeeping or accounting. Practice ownership can be a shock to the system when a dentist finds that the “business side” of dental work is overwhelming. That’s where a Dental CPA comes in.

Owning a dental practice means that you need to be an expert clinician, expert patient manager, and expert business manager. But there’s good news: you don’t have to do it alone. Dental school only provides you the tools for two-thirds of what it takes to run a successful office. If you’re buying an existing practice, here are a few key steps to keep in mind that will give you a business perspective as you start the journey:

We are excited to announce that we will be launching a new podcast at Tooth and Coin in 2021, so be on the lookout for new episodes on this page!

Hiring a dental associate takes much more than a brief look at a candidate’s CV. Finding qualified people who can help drive your business forward and who bring the right energy to your office is no easy task. 40% of US small businesses report that filling jobs was more difficult than they expected, which is surprising when you consider that these small businesses also employ nearly half of the country’s workforce.

Are you making the most out of every return opportunity when you file taxes for your dental practice? Many details are often overlooked - which means many dentists are leaving money on the table at the end of the fiscal year. One way to maximize your return, especially if you have a long commute to the office, is to ensure that you’re calculating the cost of using your vehicle for your business.