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.
I.Q. -- Interesting Quotes
Family Practitioners Hear More about Manipulation
Spinal manipulation continues to be a hot topic in family medical practitioner journals. Consider this quote:1
"Manipulation does not appear to be contraindicated for patients with bulging discs or herniation and is still widely prescribed and recommended for such patients."Or this comment:2
"Spinal manipulation is one of the few procedures that demonstrably improves outcomes for acute low back pain without radiculopathy."While the chiropractic profession needs to perform additional studies and disseminate further information to correctly communicate the full potential of chiropractic care, that these journals are focusing their attention on manipulation is promising.
- Assendelft WJJ, Bouter LM, Knipschild PG. Complications of Spinal Manipulation. J Fam Pract 1996; 42:475-480.
- Sullivan T. Up front with backs. Can Fam Phys 1996; 42: 1185-1186.