60 Years and Counting
For over sixty years, Morowitz & Company and its predecessors have served physicians, dentists and other healthcare professionals
We have a proud tradition of advising medical practices in the areas of business organization, tax compliance, retirement planning, accounting and practice management consulting
We believe that with a disciplined approach to financial and practice management, medical practices can continue to grow profits in an increasingly uncertain environment
Services to Medical and Dental Practices
Business Organization
Accounting
Tax Compliance
Practice Management Analysis
Strategic Planning
Integration with Personal Wealth Planning
Other Business Services
Business Organization
Business formation and determination of tax status
Professional Corp
Sub S
C Corp
LLC
Other
Tax ID and other registration
Computer systems overview and QuickBooks setup
Liaison to legal team
Operating agreements
Compensation plans and employment agreements
Banking and financing relationships
Accounting
Accounting systems design and setup
QuickBooks procedures and training
Year end and interim period financial statements
Liaison with banks and financial reporting for capital formation
Check-writing and bill paying in special circumstances
Tax Compliance
Preparation of corporate tax returns
Interim tax planning and integration with personal tax planning
Optimizing business structure for tax minimization
Separating real estate entities
Sales tax compliance
Payroll tax compliance
Practice Management Analysis
Production analysis and determination of targeted profit production
Procedure code analysis
Provider analysis
Equipment purchase analysis
Ancillary service analysis and profit maximization
Scheduling Analysis
Re-engineering service delivery
Strategic Planning
Workshops
Determining the practice concept
Creating the linked activities that lead to quality patient care and long term wealth creation for the practice owners
Gap analysis
Action plans
Monitoring and follow up
Integration with Personal Wealth Planning
Annual tax planning and tax minimization
Determination of optimal business and tax efficient retirement plans
Analysis of alternative investments
Liaison with asset managers and assistance with portfolio and asset allocation
