Medical and Dental Practice


We offer complete cloud accounting solution, financial planning and corporate & tax compliance services to doctors and dentists in standalone or bundle package. Our knowledge of medical practice or professional service ecosystem will help to lower your taxes, decrease costs, maximize profits, and build your personal wealth. We provide proactive tax planning, effective profit coaching, benchmarking, and a wide variety of other specialized medical practice accounting services.

01

Cloud Accounting Solution

We offer cloud accounting solution backed by Quickbooks online cloud-based platform. We will help you to integrate your Quickbooks with your company’s bank accounts and merchant accounts. Integration with credible third-party apps will help you to import all transaction in a very fast environment and will help in making decisions based on real transactions data. Cloud accounting will establish secured data sharing and will establish appropriate financial statements within the deadline. We provide very customized quote evaluating your business environment and transactions volume. Available features include-

  • Managing billing,  follow up and accounts receivable;
  • Managing accounts payable and recurring bills;
  • Pay W2 employees and file payroll tax;
  • Managing 1099 contractors;
  • Quickbooks set up and support;
  • Cash flow monitoring;
  • Budgeting and financial forecasting;
  • Benchmarking;
  • Key performance indicators (KPIs) dashboard;

02

Corporate & Tax Compliance

We help our medical practice clients to prepare federal, state and local tax returns, pay the taxes as per the requirements. We do assist in IRS audit and resolution service.

We can help you in submitting your annual-biennial corporate return to Secretary of State specifying appropriate information. Our services include renewal of fictitious name as well.

03

Financial Planning

Even though small businesses work with limited financial resources, both the business and its owners’ personal financial planning in advance would help in achieving goals and dreams. The process involves creating detail plan in each relevant domain like the business plan, investments, debts, cash flows, tax planning, insurance, retirement and succession planning, since needs changes over the life cycle of the business.

We can help you in developing a detailed financial plan and periodic budgets taking consideration of the business, and your priorities as a small business owner in your specific situation.

04

Practice Startup Assistance

We offer the following services to assist you to start your practice from the scratch;

  • Incorporating your entity, including advice on entity types;
  • Applying for employer identification number (EIN) to IRS;
  • Advise on state-specific business requirements;
  • Registering your business with the state agency, if required. For example, NJ businesses need to register.
  • Registering a fictitious name, if required;
  • Assisting in the opening of a bank account for the entity;
  • Foreign company incorporation whenever expanded to other states;

05

IRS Audit Assistance and Resolution Service

We can help you answering IRS queries, audit letters going through correspondences, your records of transactions and supporting paper trails. 

As part of our tax resolution service, we help our clients to resolve open debt with IRS in a way debt could be minimized as much as possible. Let’s hear your situation and offer you ways to go ahead.

Schedule Free Consultation

We would love to hear your story and would love to share our experiences. You may consult us in our office, or at your location or any suggested city or online. We can confirm ensuring logistics.

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You may call, SMS or fax to 973-771-6162. Your call is important to us. Please don’t forget to leave a voice message, if our attendants are busy at that time.

Email Us

You may e-mail us at help@compacct360.com with your questions. We will try our best to answer them by following working day.

Visit Us

Please schedule an appointment using this website or over the phone before visiting our office at 45 Carey Ave, Suite # 250-8, Butler, NJ 07405