Being proactive vs. reactive with tax planning will have a tremendous impact on profitability and long-term wealth creation. Keep in mind, I am not a CPA and I am not giving tax advice. Rather, I’m passing on information that I learned as a practice owner and now implement in my financial planning practice. While not an exhaustive list, here are a few items to contemplate in 2025 as you watch the dollars in your practice.
Split Ticket Victories in ICA Election
At press time, the membership of the International Chiropractors Association (ICA) has elected Robert Hoffman,DC, president and Dr. Maxine McMullen vice president. The elections took place during the ICA's 73rd Annual Convention, May 20-23, in Atlanta, Georgia.
The two new officers came from two different campaign "tickets."
The two tickets were:
Robert Hoffman,DC - for president
Michael McLean,DC - for vice president
Gerald Mattia,DC - for president
Maxine McMullen,DC - for vice president
Also elected were four members to the ICA Board of Directors:
Southern Regional Director - D.D. Humber,DC
Northeast Regional Director - Christopher Kent,DC
Central Regional Director - Michael Hulsebus,DC
Western Regional Director - Gerard Clum,DC
Look for more details in our next issue.