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.
Medical Journal Calls for Re-Evaluating Chiropractic
The Nov. 1992 issue of Journal of Family Practice published three articles on the family practitioner. The articles called for re-evaluating chiropractic and referring to DCs for musculoskeletal problems.
Who's Guarding the Gate?
New Jersey has introduced single-payer bill legislation under a gatekeeper system. For chiropractic care, patients would have to be referred by a MD (or assistant), OD (or assistant), or nurse practitioner.
MD Promotes Unity between MDs and DCs
Ezriel Kornel, MD, is founder and director of a new organization to improve professional collaboration between medicine and chiropractic.
Delaware Dept. of Insurance Requests PIC/CARE Not Transact Business in State