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.
Northeast Forum News
Dr. Santipadri Named NYCC's "Teacher of the Year"
Dr. Eileen Santipadri was recently chosen by the students of New York Chiropractic College as that school's "Teacher of the Year." Dr. Santipadri received the award during a lucheon ceremony held in her honor this past summer.
Student Government Association president Stephen Connor praised Dr. Santipadri's work at the college and called her "the most selfless person I know. She is constantly giving to the students and never receiving."
The "Teacher of the Year" award was created by NYCC's student body four years ago in an effort to recognize those faculty members whom the students thought demonstrated excellence to chiropractic both inside and outside the classroom. Previous winners include Drs. Maggie Finn, Michael Howard and Robert Walker.
Coleman Grant Helps NYCC Develop Entrepreneurial Program
Thanks to a grant from the Coleman Foundation, New York Chiropractic College has developed a new program to teach students the basic business skills necessary to open and maintain a successful practice. The new course, titled "Business, Legal and Ethical Issues," will be a requirement for graduation and replaces the former business education courses offered at the college.
Dr. John DeCicco, an associate professor in the department of chiropractic technique and principles, heads up the 90-hour program that begins in a student's eight trimester. "It goes beyond managed care," said Dr. DeCicco when asked about the new course. "Managed care impacts how the material is taught somewhat, and how we cover the topics. But the need for solid business skills goes beyond whether managed care exists in its current form or not."