The proposed spending bill currently making its way through legislation brings with it some big changes to capital gains tax rates. What does this bill mean for dental practice owners looking to sell? For nearly the past decade, the top tax rate on capital gains has remained steady at 20%; however, the proposed $3.5 trillion… Continue Reading What potential capital gains changes mean for your practice sale: 4 scenarios
2020 may have been a year of challenges, but it was also a year that has led to the possibility of great opportunity in 2021. While many may have taken the plunge to “finally retire,” some of you may begin to consider taking the plunge into practice ownership. Here at the WDA, we are working… Continue Reading Considering practice ownership? Not sure where to start?
42 years ago, Dr. Dean Hussong graduated from dental school and set out to build his own practice from scratch. After visiting 28 different towns, he and his wife, Ann, settled in Tomahawk (population 3,160) in northern Wisconsin. While Ann was initially skeptical of following her high school sweetheart to such a small town, it… Continue Reading How One Dentist Built His Ideal Practice – and Life – In a Small Town
The Wisconsin Dental Association has been hard at work developing, creating and identifying ways to support members during the most significant point of their career – joining, purchasing, expanding or selling their practice. We are excited to announce that we have made a significant upgrade to our already resourceful website! We invite you to visit… Continue Reading WDA’s new Practice Transitions web resources are live!
Looking for your next dental job? Whether you have recently graduated from dental school or have a few years of experience, you have plenty of options. According to the ADA Health Policy Institute, 64% of new dentists are working full time in private practice one year after graduation while 20% are completing residency/specialty programs. Even… Continue Reading You decide: Choose the best option for YOUR career
Hiring, selling, buying or job hunting? Let ADA Practice Transitions help make your practice or career transition easier and less stressful. ADA Practice Transitions (ADAPT) goes beyond a one-size-fits-all approach to find you a match who shares your approach to dentistry. Research shows that when matches are rooted in a shared philosophy of care, they… Continue Reading ADA Practice Transitions Platform NOW OPEN! Find your ideal match.
Planning a career move in 2019? If you are approaching a transition in your dental career, ADA Practice Transitions can help. This new online platform – piloting in Wisconsin and Maine – matches dentists who are looking to join or purchase a practice with owners who are seeking a partner, associate and/or someone to purchase… Continue Reading New year, new career
If you are approaching a transition in your dental career, the new ADA Practice Transitions service can help. The program will be piloted in Wisconsin and Maine beginning in spring 2019, bringing you access to the resources and guidance you need for a successful transition. Whether you are looking to buy or sell a practice,… Continue Reading ADA Practice Transitions to launch in Spring 2019
Just as the newly created Wisconsin Dental Association Practice Transitions Committee was being formed and planning its first meeting, we received an invitation from the American Dental Association to participate in a new Business Model Project pilot. At its initial meeting on May 18, the Practice Transitions Committee received a presentation from ADA Vice President… Continue Reading ADA taps WDA for exciting, new business model pilot
You spent your whole life building a successful practice. After all the trial and error and countless hours -you’ve made it! You can see the finish line. Now what? One thing we all get really good at is getting into a rhythm of running our businesses and practices. We focus on setting and achieving goals… Continue Reading 5 things to consider when you’re ready to retire