Trident CPA Services, LLC

01/22/2025

Jim was recently featured as a guest on the Navigating Dental Insurance podcast. You can listen to Jim’s discussion about working with your CPA to save and make more money at the link below. Leave us a comment and let us know what you think!

Podcast Episode · The Navigating Dental Insurance Podcast · 01/16/2025 · 40m

09/25/2024

The Trident team toured the A-Dec manufacturing and showroom in Newberg, Oregon today. Their operations and their people are top notch! One of the most impressive parts of their process is their engineering testing facility, however photos were not allowed. We enjoyed our time together as a team and learning more about A-Dec!

06/14/2023

This is Anne, if you have time today wish Jim a Happy 50th Birthday!! 🎉🎉
James Zenk

03/15/2023

IDS Cologne, Germany.

11/27/2022

Greater NY Dental Meeting

11/10/2022

Happy International Accounting Day, everyone!

Today we celebrate Luca Bartolomeo de Pacioli, the "Father of Accounting."

Accounting practitioners in public accounting, industry, and not-for-profit organizations, as well as investors, lending institutions, business firms, and all other users for financial information are indebted to Luca Pacioli for his monumental role in the development of accounting.

Fra Luca Bartolomeo de Pacioli (sometimes Paccioli or Paciolo; c. 1447 – 19 June 1517)[3] was an Italian mathematician, Franciscan friar, collaborator with Leonardo da Vinci, and an early contributor to the field now known as accounting. He is referred to as "The Father of Accounting and Bookkeepi...

08/05/2022

We have filed ERC claims for a number of clients that meet the decline in gross receipts criteria. There are a lot of non-CPA firms that are aggressively marketing the ERC using a loose interpretation of the shutdown rules. Often these firms work for a contingency fee so they are motivated to claim a large amount. They also rely solely on the client’s representations without doing additional due diligence to ensure the requirements are met.

The IRS regulations clearly indicate that if an order suspends non-essential operations but allows essential businesses to operate, it does not meet the shutdown requirements for the ERC. The state or local order determines what is defined as an essential business. From the IRS FAQS: “An employer that operates an essential business is not considered to have a full or partial suspension of operations if the governmental order allows the employer's operations to remain open.”

Find answers to questions about how to determine when an employer’s trade or business operations are considered to be fully or partially suspended due to a governmental order the COVID-19-related employee retention tax credits.

11/15/2021

Trident CPA Services, LLC is a well-established and growing CPA firm located in Overland Park, Kansas, with clients across the United States. Our firm is focused exclusively on the needs of dentists and their practices. Our goal is to consistently provide best-in-class tax and business planning, where every Trident employee makes a valuable contribution to the success of our efficiently run firm, resulting in exemplary customer satisfaction.

We are currently recruiting to fill a part-time or full-time Accounting Specialist position for our team. The Accounting Specialist performs a variety of bookkeeping or basic accounting tasks utilizing clients’ records. The Accounting Specialist will support the work of our two Client Leads who are working year-round on client accounting and advising clients on profitability, you will always have an internal resource for every client. The Accounting Specialist will also support our tax team by assisting with tax return preparation efforts. The Accounting Specialists will assist with tax work-paper organization and basic data-entry into our tax software. This position is for someone who has a knack for numbers and strong previous bookkeeping experience. If you are looking for a stable job in a growing firm, we encourage you to apply!

Accounting Specialist Responsibilities:
- Verifies and enters details of transactions in QuickBooks Online.
- Prepares bank and credit card reconciliations and resolves issues as needed.
- Prepares appropriate reports as requested.
- Prepares 1099’s on a timely basis.
- Prepares property tax, sales and use tax returns on a timely basis.
- Coordinate with various payroll services as needed.
- Organize client-provided tax workpapers in Canopy folders.
- Input relevant data into UltraTax (tax software).
- Communicate with clients via email and/or phone when needed.

Accounting Specialist Qualifications:
- 5+ years Bookkeeping experience.
- Bachelor’s degree in Accounting or other Business degree required.
- Proficient in QuickBooks Online
- Self-motivated. Committed to producing accurate and high-quality work.
- Proficiency in Microsoft Office
- Previous experience with Ultra Tax and Canopy preferred.
- Ability to prioritize and multi-task in a fast-paced work environment.
- Highly organized and detail oriented; Sees tasks through completion.
- Able to complete tasks accurately and timely with minimal supervision.
- Strong verbal and written communication skills
- Trusted to maintain confidentiality and information security.
- Selected candidate may not maintain their own client base.

What’s in it for you?
· Competitive wage and 401K plan with employer matching
· Can be PT or FT position
· Flexible Schedule; We are built to work remotely.

10/01/2021

When you become a client’s patient…

Usually I (Anne) am asking Dr. Katie Watson to fill out a form or provide an eSignature, but this week she was filling my cavity. I know, fabulous pic of me, but we needed an “action shot”. 😂🦷

Not only is Dr. Watson a great Trident client, she is also an amazing Dentist and took such good care of me!

**Posted with Dr. Watson’s permission**

09/29/2021

HSA's as a retirement savings tool:

HSAs often aren't recognized as the great retirement savings tool they are.

09/28/2021

https://www.accountingtoday.com/opinion/irs-lists-r-d-tax-credit-among-its-dirty-dozen-so-is-it-still-safe-to-claim

Excerpt from the Article:

In recent years, unscrupulous tax practitioners have mounted a push to get dentists and orthodontists to claim the R&D credit. They tell these taxpayers that routine dental cleanings, fittings and extractions — activities they perform daily — can qualify for R&D credits. These firms then include the wages of all dentists and dental hygienists in the credit calculation, greatly inflating the credit numbers and the resulting fees.

However, these routine dental practices do not meet the technical uncertainty and process of experimentation tests outlined in the four-part test.

Certain firms are aggressively marketing the research credit to taxpayers who don’t qualify in the first place.