|
Strategic Plan for SDDS (2009-11) |
| BOE
- NEW TAXES FOR YOUR PRACTICE What do you need to do?
1. Register as a business entity: The informational letter on the Use Tax Registration, along wit hthe registration form, can be obtained from http://www.boe.ca.gov/news/pdf/l232.pdf If you gross over $100k (which means just about everyone), you need to register. Even if you do not think you have anything to report, you are a “qualified purchaser” and must register with the Board of Equalization (BOE). Assignment of account number may take several weeks, so you may wish to do this quickly.
2. Study what you need to report: This would include any supply invoices that California sales tax has not been applied to from out of state vendors. Exemptions would be surgical supplies that are “implanted” (i.e. dental implants & graft materials). Study the exact wording
for your own interpretation at:
3. File Use Tax Returns: The Board of Equalization has stated that it expects the registered individual or business to file Use Tax returns for 2007, 2008, and 2009. According to the law, the BOE actually can require you to pay taxes for the past 8 years of documentation. Returns can be obtained from the BOE. The most effective way to request a tax form is to fax a letter requesting this form from your local BOE office [Sacramento: (916) 227-6700].
4. Don't be late! There will be interest and penalty for any late payment. There is no avoidance for the interest. As for the penalty, you can plead your case by filing a request for relief of penalty which can be found on the FAQ information site mentioned below.
The implication of not doing these steps is that the BOE will audit your office (this has happened to several SDDS members already). FAQ on New Use Tax
Registration:
Information extrapolated and amended from an article by Dr. Richard Kao (Santa Clara County Dental Society) |
 |
INFORMED CONSENT FORMS: Informed Consent Forms are linked on the TDIC website in multiple languages for your convenience. In addition to their intended purpose, these forms can be used to communicate with someone about their procedure(s) when an interpereter is not available. CLICK HERE (you will be taken to the TDIC site)
|
 |
| Are you a new dentist? Opening a new practice? |
Having trouble with a Third-Party Payer? Let CDA know what problems you are
experiencing with third-party payers with the CDA’s Third-Party
Payer Complaint Form.This form gives dentists and dental staff the opportunity
to provide CDA with basic information regarding payer issues and complaints.
The information received will be used to help CDA identify carrier trends
and problems. (click
here) |
 |
Return to top
 |
 |
Updated July 22, 2010
