--- title: Chaliff CPA Blog | Financial Planning (2) description: Financial Planning | At Chaliff we pride ourselves on delivering the best accounting services in the Midsouth. Our team is more than accountants – we’re entrepreneurs. (2) --- ###### ![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 # Financial Planning (2) financial-planning - [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) [![Taxes Are Expensive! Here’s How Strategic Dental Accounting Can Save You Money](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Jun-06-2023-01-08-06-3156-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Jun-06-2023-01-08-06-3156-PM.png)](https://blog.chaliffcpa.com/how-strategic-dental-accounting-can-save-you-money) [Financial Planning](https://blog.chaliffcpa.com/tag/financial-planning), [Dentists](https://blog.chaliffcpa.com/tag/dentists), [Tax Deductions](https://blog.chaliffcpa.com/tag/tax-deductions), [Dental Practice](https://blog.chaliffcpa.com/tag/dental-practice), [Sales Tax](https://blog.chaliffcpa.com/tag/sales-tax) ##### [Taxes Are Expensive! Here’s How Strategic Dental Accounting Can Save You Money](https://blog.chaliffcpa.com/how-strategic-dental-accounting-can-save-you-money) 29 May 2023 Running a dental practice is an incredibly busy proposition. In addition to ensuring you are providing your patients with the best care possible,... 3 minute read [Read More](https://blog.chaliffcpa.com/how-strategic-dental-accounting-can-save-you-money) [![Before You Sign: 7 Questions to Ask Your Future Dental Employer](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-2.jpg?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-2.jpg)](https://blog.chaliffcpa.com/before-you-sign-7-questions-to-ask-your-future-dental-employer) [Financial Planning](https://blog.chaliffcpa.com/tag/financial-planning), [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) ##### [Before You Sign: 7 Questions to Ask Your Future Dental Employer](https://blog.chaliffcpa.com/before-you-sign-7-questions-to-ask-your-future-dental-employer) 15 May 2023 Graduating from dental school and preparing to embark on a career as a dentist is exciting! But it can also be daunting. There are many decisions to... 3 minute read [Read More](https://blog.chaliffcpa.com/before-you-sign-7-questions-to-ask-your-future-dental-employer) [![Dental Office Overhead: The Numbers You Need to Know](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos.jpg?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos.jpg)](https://blog.chaliffcpa.com/dental-office-overhead-the-numbers-you-need-to-know) [Small Business](https://blog.chaliffcpa.com/tag/small-business), [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 Office Overhead: The Numbers You Need to Know](https://blog.chaliffcpa.com/dental-office-overhead-the-numbers-you-need-to-know) 17 April 2023 As the owner of a dental practice, you have two main goals: providing your patients with exceptional dental care and, of course, making a profit. To... 3 minute read [Read More](https://blog.chaliffcpa.com/dental-office-overhead-the-numbers-you-need-to-know) [![Do You Own A Dental Practice? Ask These 8 Questions When You Interview A CPA](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Mar-27-2023-05-50-44-1915-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Mar-27-2023-05-50-44-1915-PM.png)](https://blog.chaliffcpa.com/8-questions-to-ask-a-cpa-for-your-dental-practice) [Financial Planning](https://blog.chaliffcpa.com/tag/financial-planning), [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) ##### [Do You Own A Dental Practice? Ask These 8 Questions When You Interview A CPA](https://blog.chaliffcpa.com/8-questions-to-ask-a-cpa-for-your-dental-practice) 3 April 2023 Running a dental practice is an incredibly demanding undertaking. There are employees to manage, equipment requirements, office maintenance, and the... 4 minute read [Read More](https://blog.chaliffcpa.com/8-questions-to-ask-a-cpa-for-your-dental-practice) [![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) [![Cash Flow Too Slow? 5 Ways For You to Improve Cash Flow at Your Dental Practice](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Feb-10-2023-04-02-06-1058-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Feb-10-2023-04-02-06-1058-PM.png)](https://blog.chaliffcpa.com/5-ways-for-you-to-improve-cash-flow-at-your-dental-practice) [Accounting](https://blog.chaliffcpa.com/tag/accounting), [Financial Planning](https://blog.chaliffcpa.com/tag/financial-planning), [Dentists](https://blog.chaliffcpa.com/tag/dentists), [Bookkeeping](https://blog.chaliffcpa.com/tag/bookkeeping) ##### [Cash Flow Too Slow? 5 Ways For You to Improve Cash Flow at Your Dental Practice](https://blog.chaliffcpa.com/5-ways-for-you-to-improve-cash-flow-at-your-dental-practice) 20 February 2023 When you imagine your dental practice running at peak performance, what do you envision? Are you fully staffed and fully booked with appointments? Is... 5 minute read [Read More](https://blog.chaliffcpa.com/5-ways-for-you-to-improve-cash-flow-at-your-dental-practice) [![3 Financial Statements Every Electrical Contractor Should Know](https://blog.chaliffcpa.com/hs-fs/hubfs/Chaliff%20+%20Associates%20Blog%20Photos-Feb-07-2023-06-20-17-5829-PM.png?width=400&upsize=true&name=Chaliff%20+%20Associates%20Blog%20Photos-Feb-07-2023-06-20-17-5829-PM.png)](https://blog.chaliffcpa.com/3-financial-statements-every-electrical-contractor-should-know) [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), [Construction](https://blog.chaliffcpa.com/tag/construction), [Contractors](https://blog.chaliffcpa.com/tag/contractors), [Electrician](https://blog.chaliffcpa.com/tag/electrician) ##### [3 Financial Statements Every Electrical Contractor Should Know](https://blog.chaliffcpa.com/3-financial-statements-every-electrical-contractor-should-know) 13 February 2023 While we love poring over numbers, we understand not everyone does. Most electrical contractors would probably rather be talking to customers and... 5 minute read [Read More](https://blog.chaliffcpa.com/3-financial-statements-every-electrical-contractor-should-know) [![5 Tips for Smart Small Business Bookkeeping](https://blog.chaliffcpa.com/hs-fs/hubfs/Blog%20Post%2022.png?width=400&upsize=true&name=Blog%20Post%2022.png)](https://blog.chaliffcpa.com/5-tips-for-smart-small-business-bookkeeping) [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), [Taxes](https://blog.chaliffcpa.com/tag/taxes), [Budgeting](https://blog.chaliffcpa.com/tag/budgeting), [Tax Advisor](https://blog.chaliffcpa.com/tag/tax-advisor) ##### [5 Tips for Smart Small Business Bookkeeping](https://blog.chaliffcpa.com/5-tips-for-smart-small-business-bookkeeping) 9 December 2022 The bookkeeping tasks associated with running a small business can quickly become overwhelming.  In fact, if you ask many small business owners what... 5 minute read [Read More](https://blog.chaliffcpa.com/5-tips-for-smart-small-business-bookkeeping) [![How Much Do You Make After Taxes?](https://blog.chaliffcpa.com/hs-fs/hubfs/Untitled%20design%20(6).png?width=400&upsize=true&name=Untitled%20design%20(6).png)](https://blog.chaliffcpa.com/how-much-do-you-make-after-taxes) [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) ##### [How Much Do You Make After Taxes?](https://blog.chaliffcpa.com/how-much-do-you-make-after-taxes) 16 September 2022 Which superhero doesn’t pay any taxes? SpiderMan. Because all of his income is net.Bad jokes aside, do you remember the first time you saw the... 5 minute read [Read More](https://blog.chaliffcpa.com/how-much-do-you-make-after-taxes) [![What’s The Difference Between Tax Avoidance And Tax Evasion?](https://blog.chaliffcpa.com/hs-fs/hubfs/Untitled%20design%20(5).png?width=400&upsize=true&name=Untitled%20design%20(5).png)](https://blog.chaliffcpa.com/whats-the-difference-between-tax-avoidance-and-tax-evasion) [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) ##### [What’s The Difference Between Tax Avoidance And Tax Evasion?](https://blog.chaliffcpa.com/whats-the-difference-between-tax-avoidance-and-tax-evasion) 9 September 2022 The IRS requires businesses to comply with every aspect of the tax code. Evading taxes is a serious crime that can be punished by significant fines... 4 minute read [Read More](https://blog.chaliffcpa.com/whats-the-difference-between-tax-avoidance-and-tax-evasion) [1](https://blog.chaliffcpa.com) [2](https://blog.chaliffcpa.com/tag/financial-planning/page/2) [3](https://blog.chaliffcpa.com/tag/financial-planning/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/)