Matrimonial CPA Mark Balog: “5 Things You Need to Know to Survive and Thrive During and After A Divorce”

Matrimonial CPA Mark Balog: “5 Things You Need to Know to Survive and Thrive During and After A Divorce”

Covid-19 brought a tidal wave of adjustments to our personal and professional lives. But what happens when you are going through a divorce? Get 5 tips from a matrimonial CPA to make this difficult process less taxing! Learn more..

What Should Employers Do with Employees Who Refuse to Report to Work?

As concerns regarding COVID-19 and stay-at-home orders stretch into a second month, many employers are having staffing issues. Employees who are not sick or have not received a mandatory order of quarantine are refusing to report to work out of fear or concerns. 

In order to avoid potential liability for discrimination, employers need to consider many things when deciding how to handle employees in these situations. Employers need to consider the Families First Coronavirus Response Act and the New York Paid Family Leave, which specifically provide rights and benefits to employees during the COVID-19 pandemic. They also have to consider federal disability and leave laws that require employers to provide leave and reasonable accommodations to employees, such as the Americans with Disabilities Act and the Family and Medical Leave Act. 

 Another issue that employers are facing is that employees are refusing to report to work because they are receiving more money from unemployment insurance than if they were working. In this situation, employers have several options, including:

  • Having the employee use his or her paid time off

  • Disciplining the employee, up to and including termination

  • Contesting the employee's unemployment insurance benefits (employees should not be collecting unemployment insurance once they are able to return to work)

  • Hiring replacements

If you have any questions regarding these issues or any other labor and employment questions, please contact Glenn Franklin or Danny Carrascal from Franklin, Gringer & Cohen, P.C. at 516-228-3131 or me, Mark Balog CPA.

Mark Balog on Money Answers Radio

Mark Balog on Money Answers Radio

Mark will appear on Money Answers with David Pankin on Saturday (4/12) at 5 PM on radio channel AM 570 (or 102.3 FM), and again on 990 FM Saturday 9 PM.


Mark will be breaking down the Stimulus Package, the PPP programs, and  and offering tips/suggestions on how people and businesses can create new budget during the Coronavirus Pandemic. 

Newsletter archive

I am pleased to offer you our newsletter (along with my colleague Charles Feitel) with our latest blogs and videos about the complex Business of Dentistry. Whether you are planning to open your first practice or looking make your existing practice more profitable - we are here to help.

Mark Balog CPA
516-472-2631

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Here are some recent Business of Dentistry newsletters you may wan to to browse to improve your practice:

The Business of Dentistry Newsletter (Feb 2018)

The Business of Dentistry Newsletter (Jan 2018)

The Business of Dentistry Newsletter (Dec 2017)

What! Not subscribed to our newsletter?

--> Click here to subscribe to stay on top of the latest news about the business of dentistry

How to Ace the Business Side of Your Dental Practice

A goal without a plan is just a wish.That’s a famous quote from French writer Antoine de Saint-Exupery. And even though the quote dates back to the first half of the 20th century, it’s perfectly applicable today to many aspects of life. 

One of those aspects is the separation that exists between an average dental practice and one that is more successful financially. It’s about planning—specifically, having a strategic action plan. Unfortunately, that plan is missing from too many dental practices. 

“In the dental field, 85-90% of dentists coming out of dental school, within two to four years are either off on their own, or buy into some sort of practice,” says Mark Balog, CPA, principal with Balog & Associate, CPAs, PLLC. “They’re good technicians at the end of the day, but they’re not equipped to run a practice.” 

And developing that strategic action plan is key to achieving financial success. Continue reading the article at: http://www.dmdtoday.com/news/how-to-ace-the-business-side-of-your-practice#sthash.W25YeQF9.dpuf 

or join us for a webinar on The Business of Dentistry here (great for all dental pros):  https://app.webinarjam.net/register/5899/fb73e0fc79

Mark Balog CPA, Profitability Consultant & CPA

About the author: Balog & Associate CPAs are a full-service CPA firm with boutique niches within the “Dental” profession, “Matrimonial” profession & “Law Enforcement” profession. Many of our clients are either dentists looking to open their first practice and be successful or dentists with established practices looking to improve their profitability.

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New webinar for all dental professionals on
The Business of Dentistry.   More info and register here.

Webinar: The Business of Dentistry

This webinar will offer you a step by step treatment plan on how to open and manage a successful dental practice. 

Hosted by dental industry experts: Charles Feitel, Commercial Dental Realtor and Mark Balog, CPA and Profitability Consultant

We understand all-to-well the pitfalls and hazards you may face in your dental practice, especially as a new entrepreneur. Just one or two bad decisions at the start can cost you tens of thousands of dollars in the long run. 

So together, we created a treatment plan for aspiring dentists looking to open or acquire their first practice. There are potentially many pitfalls that can affect your success and we hope that you find our prescription will make this road easier to travel (and much more profitable in the long run).

 

Even if you have an existing dental practice, the principles discussed will apply to your practice as well. Plus, attendees will be eligible for few special offers (worth thousands of dollars)

What's in it for you? Your treatment plan will include:

  • Determine what Type of Practice Are You Looking To Start/Acquire

  • Best options for Location Based On Practice Type

  • Negotiating Purchase/Lease and planning for future growth

  • Assembling Your Professional Team

  • Monitoring Time Line For Completion/Execution For Opening, Budgeting Purposes, & Accountability

Who should attend: All dental professionals and especially dentists thinking about starting their own practice. Multiple event times or Watch a Replay OnDemand

Reserve your seat here: https://event.webinarjam.com/register/prn9yam