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Financial Advice

April 6, 2020 News News

Financial, Tax and Accounting Plan to Survive COVID-19

by DCY

Join David Chong Yen and Eugene Chu on the LIVE Webinar entitled, “Financial, Tax and Accounting Plan to Survive COVID-19”. WHEN: 12:00pm on Thursday, April 9, 2020 HOW TO REGISTER: https://edropin.com/e/durbanlabs-financial Financial strategies as well as Government programs to help

April 3, 2020 Feature Oral Health OfficePractice Management

Dentists’ Tax Saving Tips & Strategies

by David Chong Yen, CPA, CA, CFP, Louise Wong, CPA, CA, TEP, Basil Nicastri, CPA, CA and Eugene Chu, CPA, CA

1. Sharing is Caring/Saving Use family members in the tax savings game. Many dentists have a dentistry professional corporation (DPC). DPC’s if structured appropriately facilitate “sharing of income”. Family members may be eligible to receive dividends provided they work 20

March 18, 2020 News News

Coronavirus – A Financial Survival Kit

by David Chong Yen*, CPA, CA, CFP, Louise Wong*, CPA, CA, TEP, Basil Nicastri*, CPA, CA and Eugene Chu, CPA, CA

Preparing yourself and your finances for this turbulent time, created by Coronavirus, tumbling oil prices and stock markets, will help allay your fears and anxiety. Here are tips and strategies to help you weather the hurricane: 1) Protect/Enhance Cashflow During

March 6, 2020 News News

ADA Accelerator Series Seeks to Speed Up Dentists’ Success

by ADA News

The Association is launching in March a new online, on-demand program specifically designed to provide information — from parental leave to financial support — that is tailored to the early-career dentist’s unique work-life balance needs. Aptly called the ADA Accelerator

financial planning
January 3, 2020 Feature Finances

Planning for the Next Decade, and Beyond

by Dr. Wilson Chen BSc., DDS, CFP, FMA

Happy New Year! Now that 2020 has arrived, it is a perfect time to reflect on the highlights of the past decade and plan for the future. I realize that planning is likely low on the list of fun things

November 19, 2019 Feature Dental HygieneDental StudentsHygienistsNew grads

Financial Tips, Tricks And Traps For The Dental Hygienists

by David Chong Yen, CPA, CA, CFP; Louise Wong, CPA, CA, TEP; and Eugene Chu, CPA, CA

As we approach the end of the year, it’s common for many people to look at their bank accounts and question where all the money they made has gone. Taking control of your finances requires discipline and we have provided

dental students taxes
October 31, 2019 Feature Dental FAQDental StudentsFinancesNew dentistsNew gradsOral Health

5 Burning Questions For Dental Students & Associates

by Melanie Langevin, CPA, CMA

Dental students and associates are a busy bunch. With long hours and a hectic schedule, figuring out your tax filings can slip down your priority list. This group typically asks about five topics: deductions against your income, moving expenses, impact

March 23, 2017 Feature Dental OfficeFinances

Are You Sabotaging Your Retirement?

by Dr. Wilson Chen, BSc., DDS, CFP, FMA

Humans are emotional beings. They have survived and thrived through the centuries by trusting their gut instincts, regardless of the prevailing logic. These deep-rooted behaviours have helped in many instances but have also become a burden in important situations. The

January 24, 2017 Video FinancesPractice Operations

Best Advice: David Chong Yen Talks Taxes

by Oral Health

David Chong Yen shares his best advice for dentists looking to run their practices without running low on cash. Fresh out of dentistry school? Watch “The 411 on Your Student Debt.”