In Ohio, a patient generally must file a dental malpractice claim within one year after the alleged cause of action occurs.  The cause of action for dental malpractice occurs—and the one year period begins to run—at the later date of either: (i) when the patient discovers or should have discovered the alleged injury (known as […]

By Vince Nardone, Esq., LL.M When you sell a ‘capital asset,’ the sale usually results in a capital gain or loss. A ‘capital asset’ includes most property you own and use for personal or investment purposes. Here are 10 facts from the IRS on capital gains and losses: Capital assets include property such as your […]

By Linda Gilbert When considering purchasing a dental practice, it is important to determining whether or not you want to conduct a lien and encumbrance search. The first step in making this determination is understanding what a lien and encumbrance search is and how it may impact the purchase of a dental practice. Liens and […]

Hello everyone. We thought the attached article may be of interest to you regarding the Northeast Ohio Medical University. As we understand it, the university is exploring opening a dental school in Ohio. The dental school would compete against Ohio State and Case Western for dental students in the state of Ohio. Please see the […]

By Nicholas Eusanio, Esq., LLM At Nardone Limited, we believe that proper tax planning begins with adequate recordkeeping. One particular area of tax planning and documentation that results in much confusion for individuals and small businesses is how to deduct expenses for business use of an automobile. As a dentist and possibly a dental practice […]

By Tanya Nardone, Esq. and Erin Myers, JD/MHA Student To protect you and your dental practice from potential lawsuits, it is important to ensure that you are utilizing procedure-specific consent forms. Each different dental procedure—including wisdom teeth extraction, implants, and periodontal surgery— presents its own unique risks to patients. These risks could lead to potential […]

By Tanya Nardone, Esq. Nardone Limited believes employee handbooks are important because they: (i) communicate expectations and benefits to your employees; (ii) provide certain protections to your dental practice; and (iii) are beneficial to employee morale. More specifically, you should include the following policies and procedures or address the following issues in your employee handbook:  […]

By Rich Clouse, Goldberg, Clouse & Edgell Most people only think of their credit card balances, car loans, mortgages, and student loans as costs. We see them as an opportunity for you to control your cash, and your cash flow, and reuse those dollars over and over again.  What is Capitalization? When you capitalize your […]