Medical Practice Accounting

Lipsey and Associates is a full service professional medical practice accounting and tax services CPA firm serving a wide variety of physician practices, diagnostic centers, dentist offices, and other providers in the healthcare industry. We serve medical service providers throughout Northern Virginia, Washington, D.C., and Maryland, and our offices are located in Vienna, Virginia.

As experienced medical CPAs, our team is familiar with Federal, State, and local tax laws and how they affect healthcare businesses. Our highly effective tax planning and compliance strategies ensure that your practice is taking advantage of every available deduction.

As a matter of principle, Lipsey and Associates is highly committed to building lasting partnerships with our clients. We’ve worked hard over the years to build a reputation for improving efficiencies and maximizing tax savings.

Healthcare Accounting Services

We are proud to serve doctors, dentists, chiropractors, physicians groups, and medical facilities, and the members of our team value the work medical doctors, dentists, and other practitioners do to maintain the medical health of individuals and families in our communities.

That’s why as a medical and healthcare accounting service provider, we are proud of the value we provide to medical practitioners and facilities because our accounting services enable them to focus on what’s most important – providing the best medical care for patients.

Leave the Medical Practice Accounting To Lipsey and Associates

Running a medical practice comes with many challenges that can make healthcare providers feel more like accountants: billing and collections, figuring out the proper compensation mechanisms for yourself and other medical professionals in your practice, and that’s in addition to day-to-day required bookkeeping, financial management, and tax obligations.

With generational expertise serving the healthcare industry, Lipsey and Associates can help you increase productivity and strengthen financial controls within your practice.

Medical Practice Accounting and Tax Services

Our team of medical accounting CPAs can handle accounts payable, bookkeeping, payroll, cash flow monitoring, tax returns, and other tasks that enable you to focus more on providing quality care to your patients instead of the administrative aspects of medical accounting practice management.

Our accountants routinely prepares tax returns for doctors, private duty nurses, and other medical personnel and can assist you with both business and personal tax return preparation.

Accounting and Consulting Services for the Healthcare Industry

Your practice may be in need of an outsourced medical accounting services professional or CFO services if your practice is experiencing rapid growth or if you have plans to grow in the near future.

In such instances, our firm can consult on matters involving cost segregation when you begin making major investments in new equipment and need to keep this information up to date for your books and taxes.

Similarly, if you are buying, selling, trading in, or retiring medical equipment, Lipsey and Associates can assist you with the transactional aspects and tax implications.

Contact Lipsey and Associates Today

Every practice’s needs are unique according to the communities served and your own growth plans. Our medical practice accounting and tax services can be scaled to the level most appropriate for your organization.

Whether you are starting a new practice, merging practices, or making a career change as a service provider, we can keep your business and personal finances on track.

Contact Lipsey and Associates for a free consultation today.

Jeffrey Lipsey is a Certified Public Accountant and an Enrolled Agent; he is a member of the AICPA and the National Association of Enrolled Agents (NAEA).