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.
Update on Board of Chiropractic Examiners
An informational hearing was held July 23rd in San Diego to collect information from the profession and the public on manipulation under anesthesia (MUA).
The board seeks to determine if regulations are necessary to protect individuals who undergo MUA.
The current position of the board is that "proper adjustment or manipulation is not made unlawful because it is conducted under anesthesia.
Written comments should be addressed to:
Board of Chiropractic Examiners
3401 Folsom Blvd., Suite B
Sacramento, CA 95816
Tele: (916) 739-3445
New Requirements for Review Panelists
The Board of Chiropractic Examiners establishes quality review panels for every county in California. These three-member panels review specific complaints and are required to notify any licensee by certified mail at least 30 days prior to a scheduled hearing; at the same time, the panel must submit a summary of the complaint and supply supporting documentation.
The latest change to the review panel system is a requirement that each panel member have a minimum of five years experience as a chiropractic practitioner in California, and have no disciplinary action against their license.