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.
Meet Dr. Fabrizio Mancini, New Parker College President
After a 10-month search for a college president, the board of trustees of the Parker College of Chiropractic selected Fabrizio Mancini,DC, to man the post of the college that James W. Parker conceived and built. Dr. Mancini will have 1,200 students and 300 faculty and staff under his guardianship.
Who is Dr. Mancini? He's a graduate of Parker (1990) who makes his home in Irving, Texas. This Texan, however, was born in Colombia, speaks five languages and built successful chiropractic practices in Europe and the U.S. He has an athletic bearing, is always nattily attired, tends to greet friends and acquaintances with a hug, and exudes energy and enthusiasm. The Parker Board choose him for his scholarship, professional and civic leadership, and for his strong commitment to Parker College and chiropractic.
"I'm passionate about Parker College and the profession of chiropractic," Dr. Mancini enthused. He considers the late Dr. James Parker a mentor and father figure. "He helped me understand what chiropractic is and to develop a true passion for the profession. Then he showed me, by his example, what a gift chiropractic is to humanity."
Dr. Mancini was president of the Parker College Alumni Association and remains active in community activities. He's on the executive board of the local chamber of commerce; a board member of the Irving School Foundation and the Irving Infant Intervention Center; a mentor for Hispanic students in the Irving school district; and a frequent lecturer to corporate and civic groups on health and motivation.
He's been awarded the 1995 Crystal Apple from the Association of Texas Professional Educators, and service awards from Parker College, the Salvation Army, Rotary Club, the American Legion of Schools, and the National Leadership Organization.
Dr. Mancini and his wife, Alicia, have a two-year-old son and are expecting a second child in September.