Associates
When working as a dental associate, it’s crucial to ensure you are being compensated fairly and to understand the tax implications of being classified as either a contractor or an employee. Having a comprehensive grasp of the after-tax and after-headache tradeoffs is essential when evaluating new opportunities or progressing in your current role. We regularly perform apples-to-apples comparisons to help our clients understand how your after-tax wages will differ across various types of employment and positions to empower our clients with the information needed to maximize their earnings.
Ensuring You Are Getting a Fair Shake
More often than expected, we find discrepancies between what associates are promised in their contracts and what actually appears in their bank accounts—unfortunately, these errors usually favor the employer. Reviewing collections reports and having a system to ensure you are receiving the compensation you are entitled to is our top priority. We work closely with associates and their providers to ensure accurate processing of payments.
Employee Associates
As an employee, you may benefit from employer-sponsored health insurance, retirement plans, and other benefits that reduce taxable income, so it’s crucial to maximize these opportunities. Taxes are typically withheld from your paycheck, simplifying tax filing, but managing this across multiple positions can quickly become challenging. Having a unified plan for withholding and benefits across all income sources will help avoid surprises at tax time.
