Business Details
44 Years
experience
Expert Accounting Services for Healthcare Professionals
Proctor has provided personalized financial and business consulting services for over 35 years. Our team of certified professionals specializes in tax consulting, accounting, retirement plan administration, and internal controls evaluation tailored to healthcare practitioners. We combine deep industry expertise with a client-centric approach, offering customized solutions for dental practices, medical clinics, and veterinary clinics.Our commitment to one-on-one client relationships ensures comprehensive support throughout every stage of business ownership. With decades of combined experience, our principals bring specialized knowledge in practice valuation, tax planning, and healthcare-specific financial management to help clients achieve long-term success.
Services
Tax Consulting
Financial Statements
Business Consulting
Retirement Plans
Internal Controls
HR Assistance
Details
- Year established: 1982
Highlights and features
- We offer 35+ years of experience in healthcare financial consulting
- Our team includes CPAs with specialized expertise in dental and medical practices
- We provide personalized one-on-one client relationships
- We combine technical expertise with approachable, client-focused service
- We offer comprehensive solutions from start-up to retirement planning
Associations and certifications
- American Institute of Certified Public Accountants
- Washington State Society of Certified Public Accountants
Services
Tax Consulting
We provide comprehensive federal and state tax consulting and preparation for healthcare professionals. Our services include trust, estate, and nonprofit tax preparation, along with strategic tax planning to minimize liability. With expertise in evolving tax regulations, we help clients maintain compliance while optimizing their financial position through personalized tax strategies.
Financial Statements
Our financial statement preparation services help healthcare practices maintain accurate financial records. We offer compiled and reviewed financial statements, payroll processing, and reconciliation services. By interpreting financial data, we help clients understand their business health and make informed decisions while ensuring compliance with accounting standards.
Retirement Plans
We design and administer customized retirement plans for healthcare professionals. Our services include plan document creation, IRS compliance testing, and annual benefit statements. Specializing in 401(k), SEP, and defined benefit plans, we help practices establish tax-deferred savings options that benefit both employers and employees while meeting regulatory requirements.
Internal Controls
Our internal controls evaluation helps healthcare practices establish secure financial processes. We identify operational risks, develop safeguarding procedures, and implement efficient accounting systems. By creating customized control frameworks, we help protect assets, improve financial accuracy, and enhance operational efficiency while providing ongoing staff training and process refinement.
Business Consulting
We offer lifecycle business consulting for healthcare professionals from start-up to retirement. Our services include practice valuation, entity selection, and transition planning. With specialized knowledge in dental and medical practices, we provide strategic guidance on financial management, compensation structures, and operational efficiency to help healthcare businesses achieve long-term success.
People
Tim Proctor
Principal
Founder of Proctor with 35+ years of experience in healthcare accounting. Specializes in dental practice valuation and tax consulting. Member of AICPA and Washington State Society of CPAs. Co-author of 'Buying or Selling a Dental Practice'.
Tanya Li
Principal
CPA with 17+ years of experience in healthcare tax consulting. Provides expertise in financial planning and internal controls for medical practices. Holds Canadian chartered accountant license. Focuses on helping clients optimize tax strategies and business operations.
Steve Yun
Principal
CPA specializing in tax planning for healthcare partnerships and corporations. Offers expertise in business development and audit representation. Member of AICPA and Washington State Society of CPAs. Provides strategic tax solutions for medical professionals.
Eva Lam
Retirement Plan Consultant
Specializes in retirement plan administration for healthcare practices. Manages plan design, compliance testing, and IRS filings. Provides customized pension solutions and employee benefit statements for small to mid-sized medical practices.
Questions
What accounting services do you offer for healthcare professionals?
We provide tax consulting, financial statement preparation, and internal controls evaluation specifically for dental, medical, and veterinary practices.
Do you specialize in any particular healthcare sectors?
We specialize in dental practices, medical clinics, and veterinary clinics with tailored financial solutions developed over 35 years of industry experience.
Can you help with retirement plan administration?
Yes, we offer customized retirement plan solutions including 401(k), SEP, and defined benefit plans for healthcare professionals.
How do you handle tax compliance for medical practices?
We provide comprehensive tax preparation, planning, and audit representation services to ensure compliance with federal and state tax regulations.
What business consulting services do you offer?
We assist with practice valuation, entity selection, compensation structuring, and transition planning for healthcare professionals at all career stages.
