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.
Sorry, Janet and Len -- We Goofed
In the 4-6 issue, Janet Jordan was identified as the president of the Congress of Chiropractic State Associations (COCSA), and as a DC. She is, as most any state association representative will tell you, the capable executive director of the COCSA; she is not a DC.
The president of the COCSA is Len Suiter, DC.
We apologize for the blunder and any inconvenience it caused.