Accounting for Medical Practices in Tennessee

Presti & Naegele Accounting Offices offers personalized services for healthcare providers across Tennessee. Whether supporting multi-physician groups, outpatient centers, or solo practitioners, our team delivers practical accounting for medical practices in Tennessee. We understand the needs of providers throughout the state and tailor our services to match real-world practice operations.

Fortunately, Presti & Naegele Accounting Offices Medical Practice partners and professionals have just the expertise required. Since inception, P&N has provided solutions to a wide array of medical practices including surgi-centers, independent physician practices and group specialty practices. 

Our experience equips us to offer sound advice that supports strategic decision-making, operating performance and profit optimization.

COMMON RECOMMENDATIONS TO MEDICAL PRACTICES in Tennessee

✔ Entity Structure
Helping practices in Tennessee evaluate and select the ideal business structure — such as an LLC or S corporation — to support liability protection and tax savings.

✔ Business Expense Deductions
Assisting with proper classification and deduction of business expenses including payroll, rent, supplies, and staff education.

✔ Equipment Purchases
Applying strategies like bonus depreciation and Section 179 to help reduce taxes on equipment acquisitions.

✔ Retirement Planning
Helping Tennessee medical practices establish SEP IRAs and 401(k) plans to support staff and reduce taxable income.

✔ Health Savings Accounts
Offering guidance on using HSAs as a tax-efficient solution for managing medical expenses.

✔ Cost Segregation
Providing cost segregation support for Tennessee practices that own real estate, allowing for faster depreciation.

✔ Tax Credits
Identifying relevant tax credit opportunities — from energy upgrades to hiring-based incentives — for Tennessee healthcare providers.