--- title: Chaliff CPA Blog | Accounting description: Accounting | At Chaliff we pride ourselves on delivering the best accounting services in the Midsouth. Our team is more than accountants – we’re entrepreneurs. --- ###### ![phone](https://blog.chaliffcpa.com/hubfs/phone.svg)  901.753.4000 ![email](https://blog.chaliffcpa.com/hubfs/email.svg)   [Email Us](https://chaliffcpa.com/#homeRequestAConsultation) [Client Portal](https://chaliffcpa.cchifirm.us/clientportal/) [Request Consultation](https://chaliffcpa.com/#homeRequestAConsultation) [![chaliff logo](https://blog.chaliffcpa.com/hubfs/chaliff-logo.png)](https://chaliffcpa.com/) ![menu-chaliff](https://blog.chaliffcpa.com/hubfs/Website%20Assets/menu-chaliff.png) ![close_chaliff](https://blog.chaliffcpa.com/hs-fs/hubfs/close_chaliff.png?width=72&height=48&name=close_chaliff.png) - [Services](https://chaliffcpa.com/#homeServices) - [Testimonials](https://chaliffcpa.com/#homeTestimonials) - [About](https://chaliffcpa.com/#homeAbout) - [Blog](https://blog.chaliffcpa.com) - [Services](https://chaliffcpa.com/#homeServices) - [Testimonials](https://chaliffcpa.com/#homeTestimonials) - [About](https://chaliffcpa.com/#homeAbout) - [Blog](https://blog.chaliffcpa.com) Topic # Accounting accounting - [All Posts](https://blog.chaliffcpa.com) - [Small Business](https://blog.chaliffcpa.com/tag/small-business) - [Accounting](https://blog.chaliffcpa.com/tag/accounting) - [Financial Planning](https://blog.chaliffcpa.com/tag/financial-planning) - [Taxes](https://blog.chaliffcpa.com/tag/taxes) - [Tax Advisor](https://blog.chaliffcpa.com/tag/tax-advisor) - [Dentists](https://blog.chaliffcpa.com/tag/dentists) - [Dental Practice](https://blog.chaliffcpa.com/tag/dental-practice) - [Contractors](https://blog.chaliffcpa.com/tag/contractors) - [Construction](https://blog.chaliffcpa.com/tag/construction) - [Bookkeeping](https://blog.chaliffcpa.com/tag/bookkeeping) - [Hiring a CPA](https://blog.chaliffcpa.com/tag/hiring-a-cpa) - [Internal Revenue Service](https://blog.chaliffcpa.com/tag/internal-revenue-service) - [Payroll](https://blog.chaliffcpa.com/tag/payroll) - [Tax Deductions](https://blog.chaliffcpa.com/tag/tax-deductions) - [Accounting Tools & Software](https://blog.chaliffcpa.com/tag/accounting-tools-software) - [Budgeting](https://blog.chaliffcpa.com/tag/budgeting) - [Electrician](https://blog.chaliffcpa.com/tag/electrician) - [Sales Tax](https://blog.chaliffcpa.com/tag/sales-tax) - [Plumbers](https://blog.chaliffcpa.com/tag/plumbers) - [Property Tax](https://blog.chaliffcpa.com/tag/property-tax) Search ###### Topics - [Small Business](https://blog.chaliffcpa.com/tag/small-business) - [Accounting](https://blog.chaliffcpa.com/tag/accounting) - [Financial Planning](https://blog.chaliffcpa.com/tag/financial-planning) - [Taxes](https://blog.chaliffcpa.com/tag/taxes) - [Tax Advisor](https://blog.chaliffcpa.com/tag/tax-advisor) - [Dentists](https://blog.chaliffcpa.com/tag/dentists) - [Dental Practice](https://blog.chaliffcpa.com/tag/dental-practice) - [Contractors](https://blog.chaliffcpa.com/tag/contractors) - [Construction](https://blog.chaliffcpa.com/tag/construction) - [Bookkeeping](https://blog.chaliffcpa.com/tag/bookkeeping) - [Hiring a CPA](https://blog.chaliffcpa.com/tag/hiring-a-cpa) - [Internal Revenue Service](https://blog.chaliffcpa.com/tag/internal-revenue-service) - [Payroll](https://blog.chaliffcpa.com/tag/payroll) - [Tax Deductions](https://blog.chaliffcpa.com/tag/tax-deductions) - [Accounting Tools & Software](https://blog.chaliffcpa.com/tag/accounting-tools-software) - [Budgeting](https://blog.chaliffcpa.com/tag/budgeting) - [Electrician](https://blog.chaliffcpa.com/tag/electrician) - [Sales Tax](https://blog.chaliffcpa.com/tag/sales-tax) - [Plumbers](https://blog.chaliffcpa.com/tag/plumbers) - [Property Tax](https://blog.chaliffcpa.com/tag/property-tax) ###### Popular Posts - [Dental Practice Accounting 101: Don't Ignore the Balance Sheet](https://blog.chaliffcpa.com/dental-practice-accounting-balance-sheet) - [3 Financial Statements Every Electrical Contractor Should Know](https://blog.chaliffcpa.com/3-financial-statements-every-electrical-contractor-should-know) - [25 Tax Deductions for Tradesmen and Contractors That Can Save You Money All Year Long](https://blog.chaliffcpa.com/25-tax-deductions-for-tradesmen-and-contractors) - [These are the 5 Top Software Options To Streamline Your Dental Accounting](https://blog.chaliffcpa.com/top-5-dental-software-options) - [How Are Employee Bonuses Taxed?](https://blog.chaliffcpa.com/how-are-employee-bonuses-taxed) [![Dental Practice Accounting 101: Don't Ignore the Balance Sheet](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Nov-06-2023-02-28-09-3186-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Nov-06-2023-02-28-09-3186-PM.png)](https://blog.chaliffcpa.com/dental-practice-accounting-balance-sheet) [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Financial Planning](https://blog.chaliffcpa.com/tag/financial-planning), [Dentists](https://blog.chaliffcpa.com/tag/dentists), [Dental Practice](https://blog.chaliffcpa.com/tag/dental-practice) ##### [Dental Practice Accounting 101: Don't Ignore the Balance Sheet](https://blog.chaliffcpa.com/dental-practice-accounting-balance-sheet) 25 September 2023 How do you know you are making sound financial decisions about your dental practice? How can you show potential buyers that you have sufficient... 4 minute read [Read More](https://blog.chaliffcpa.com/dental-practice-accounting-balance-sheet) [![How to Reconcile Your Profit & Loss for Construction Accounting](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Nov-08-2023-03-47-57-9050-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Nov-08-2023-03-47-57-9050-PM.png)](https://blog.chaliffcpa.com/how-to-reconcile-your-profit-loss) [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Small Business](https://blog.chaliffcpa.com/tag/small-business), [Financial Planning](https://blog.chaliffcpa.com/tag/financial-planning), [Construction](https://blog.chaliffcpa.com/tag/construction), [Contractors](https://blog.chaliffcpa.com/tag/contractors) ##### [How to Reconcile Your Profit & Loss for Construction Accounting](https://blog.chaliffcpa.com/how-to-reconcile-your-profit-loss) 18 September 2023 Contractors know they must manage finances efficiently, or their business won't have much chance of succeeding. One of the most critical financial... 5 minute read [Read More](https://blog.chaliffcpa.com/how-to-reconcile-your-profit-loss) [![The KPIs that Determine Your Dental Practice’s Success](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Nov-06-2023-01-59-32-5977-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Nov-06-2023-01-59-32-5977-PM.png)](https://blog.chaliffcpa.com/the-kpis-that-determine-your-dental-practices-success) [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Small Business](https://blog.chaliffcpa.com/tag/small-business), [Dentists](https://blog.chaliffcpa.com/tag/dentists), [Bookkeeping](https://blog.chaliffcpa.com/tag/bookkeeping), [Dental Practice](https://blog.chaliffcpa.com/tag/dental-practice) ##### [The KPIs that Determine Your Dental Practice’s Success](https://blog.chaliffcpa.com/the-kpis-that-determine-your-dental-practices-success) 11 September 2023 Dental practices are unlike most other businesses—after all, it’s not like you can walk into just any business and get a root canal. But one way... 5 minute read [Read More](https://blog.chaliffcpa.com/the-kpis-that-determine-your-dental-practices-success) [![Should You Use A Dental CPA?](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Sep-05-2023-04-05-08-5962-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Sep-05-2023-04-05-08-5962-PM.png)](https://blog.chaliffcpa.com/should-you-use-a-dental-cpa) [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Financial Planning](https://blog.chaliffcpa.com/tag/financial-planning), [Dentists](https://blog.chaliffcpa.com/tag/dentists), [Dental Practice](https://blog.chaliffcpa.com/tag/dental-practice) ##### [Should You Use A Dental CPA?](https://blog.chaliffcpa.com/should-you-use-a-dental-cpa) 17 July 2023 Are you overlooking a key asset to your dental practice? Dental CPAs are a valuable asset to any dental practice, helping to ensure the financial... 3 minute read [Read More](https://blog.chaliffcpa.com/should-you-use-a-dental-cpa) [![The Essential Guide to Dental Payroll Accounting and Bookkeeping](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Sep-05-2023-01-00-25-0733-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Sep-05-2023-01-00-25-0733-PM.png)](https://blog.chaliffcpa.com/the-essential-guide-to-dental-payroll-accounting-and-bookkeeping) [Payroll](https://blog.chaliffcpa.com/tag/payroll), [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Dentists](https://blog.chaliffcpa.com/tag/dentists), [Bookkeeping](https://blog.chaliffcpa.com/tag/bookkeeping), [Dental Practice](https://blog.chaliffcpa.com/tag/dental-practice) ##### [The Essential Guide to Dental Payroll Accounting and Bookkeeping](https://blog.chaliffcpa.com/the-essential-guide-to-dental-payroll-accounting-and-bookkeeping) 3 July 2023 Running a dental practice involves way more than burs, bridges and bicuspids, and managing payroll is one crucial aspect that should not be... 5 minute read [Read More](https://blog.chaliffcpa.com/the-essential-guide-to-dental-payroll-accounting-and-bookkeeping) [![Dental Accounting: A Practical Guide For Dentists](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-1.jpg?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-1.jpg)](https://blog.chaliffcpa.com/dental-accounting-a-practical-guide-for-dentists) [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Dentists](https://blog.chaliffcpa.com/tag/dentists), [Hiring a CPA](https://blog.chaliffcpa.com/tag/hiring-a-cpa), [Dental Practice](https://blog.chaliffcpa.com/tag/dental-practice) ##### [Dental Accounting: A Practical Guide For Dentists](https://blog.chaliffcpa.com/dental-accounting-a-practical-guide-for-dentists) 1 May 2023 As a dentist, you can figure out why a patient’s bottom front tooth hurts, when it’s time to pull wisdom teeth, and the best way to fill a cavity.... 3 minute read [Read More](https://blog.chaliffcpa.com/dental-accounting-a-practical-guide-for-dentists) [![Establish A Thriving Dental Practice Using the Seven Pillars of Dental Practice Management](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Mar-17-2023-05-49-01-3618-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Mar-17-2023-05-49-01-3618-PM.png)](https://blog.chaliffcpa.com/the-seven-pillars-of-dental-practice-management) [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Financial Planning](https://blog.chaliffcpa.com/tag/financial-planning), [Tax Advisor](https://blog.chaliffcpa.com/tag/tax-advisor), [Dental Practice](https://blog.chaliffcpa.com/tag/dental-practice) ##### [Establish A Thriving Dental Practice Using the Seven Pillars of Dental Practice Management](https://blog.chaliffcpa.com/the-seven-pillars-of-dental-practice-management) 20 March 2023 If you own a dental practice, you know how challenging it can be to ensure success in every aspect of your business. Sometimes it can feel like... 4 minute read [Read More](https://blog.chaliffcpa.com/the-seven-pillars-of-dental-practice-management) [![Everything You Need to Know About Sales Tax Rules for the Construction Industry](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Mar-17-2023-05-36-12-2634-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Mar-17-2023-05-36-12-2634-PM.png)](https://blog.chaliffcpa.com/sales-tax-rules-for-the-construction-industry) [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Taxes](https://blog.chaliffcpa.com/tag/taxes), [Tax Advisor](https://blog.chaliffcpa.com/tag/tax-advisor), [Construction](https://blog.chaliffcpa.com/tag/construction), [Contractors](https://blog.chaliffcpa.com/tag/contractors), [Bookkeeping](https://blog.chaliffcpa.com/tag/bookkeeping), [Sales Tax](https://blog.chaliffcpa.com/tag/sales-tax) ##### [Everything You Need to Know About Sales Tax Rules for the Construction Industry](https://blog.chaliffcpa.com/sales-tax-rules-for-the-construction-industry) 13 March 2023 The “construction industry” is a broad term. If you run a renovation company, are a general contractor or subcontractor, or make improvements to... 4 minute read [Read More](https://blog.chaliffcpa.com/sales-tax-rules-for-the-construction-industry) [![These are the 5 Top Software Options To Streamline Your Dental Accounting](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Mar-02-2023-04-48-56-9870-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Mar-02-2023-04-48-56-9870-PM.png)](https://blog.chaliffcpa.com/top-5-dental-software-options) [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Taxes](https://blog.chaliffcpa.com/tag/taxes), [Dentists](https://blog.chaliffcpa.com/tag/dentists), [Bookkeeping](https://blog.chaliffcpa.com/tag/bookkeeping), [Dental Practice](https://blog.chaliffcpa.com/tag/dental-practice), [Accounting Tools & Software](https://blog.chaliffcpa.com/tag/accounting-tools-software) ##### [These are the 5 Top Software Options To Streamline Your Dental Accounting](https://blog.chaliffcpa.com/top-5-dental-software-options) 6 March 2023 Investing in dental software is a huge decision because it will affect nearly every aspect of your business operations. It’s not a decision to rush... 6 minute read [Read More](https://blog.chaliffcpa.com/top-5-dental-software-options) [![Choosing a CPA Firm for Your Roofing Business? Ask These 10 Questions Before You Hire Them](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Feb-22-2023-02-14-27-5445-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Feb-22-2023-02-14-27-5445-PM.png)](https://blog.chaliffcpa.com/choosing-a-cpa-firm-for-your-roofing-business-ask-these-10-questions-before-you-hire-them) [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Tax Advisor](https://blog.chaliffcpa.com/tag/tax-advisor), [Construction](https://blog.chaliffcpa.com/tag/construction), [Contractors](https://blog.chaliffcpa.com/tag/contractors), [Bookkeeping](https://blog.chaliffcpa.com/tag/bookkeeping), [Hiring a CPA](https://blog.chaliffcpa.com/tag/hiring-a-cpa) ##### [Choosing a CPA Firm for Your Roofing Business? Ask These 10 Questions Before You Hire Them](https://blog.chaliffcpa.com/choosing-a-cpa-firm-for-your-roofing-business-ask-these-10-questions-before-you-hire-them) 27 February 2023 Running a successful roofing business takes a lot of time and effort. The last thing a business owner wants to do at the end (or the beginning) of... 5 minute read [Read More](https://blog.chaliffcpa.com/choosing-a-cpa-firm-for-your-roofing-business-ask-these-10-questions-before-you-hire-them) [1](https://blog.chaliffcpa.com) [2](https://blog.chaliffcpa.com/tag/accounting/page/2) [3](https://blog.chaliffcpa.com/tag/accounting/page/3) [![chaliff-logo-white](https://blog.chaliffcpa.com/hs-fs/hubfs/chaliff-logo-white.png?width=200&height=61&name=chaliff-logo-white.png "chaliff-logo-white")](https://chaliffcpa.com/) Chaliff & Associates **© **2021 | [Privacy Policy](https://chaliffcpa.com/privacy) | [Accessibility](https://chaliffcpa.com/accessibility) ![1_Badge_Online_large](https://blog.chaliffcpa.com/hs-fs/hubfs/1_Badge_Online_large.png?width=80&height=106&name=1_Badge_Online_large.png "1_Badge_Online_large") [Follow us on Facebook](https://www.facebook.com/chaliffcpa) [Follow us on LinkedIn](https://www.linkedin.com/company/chaliffcpa/)