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.
Virginia Association Changes Name
The former Tidewater Chiropractic Association, headquartered in Hampton Roads, Virginia, was renamed Hampton Roads Chiropractic Association (HRCA) during a recent monthly membership meeting. The HRCA designed and adopted a new logo as well.
The new name is an accurate geographic description of the HRCA's service area. The association's members practice in a region that stretches from Virginia Beach to Williamsburg.
HRCA president Robert B. Thoma, D.C. announced that the association has named Brickell & Associates as its public relations agency. Brickell & Associates is a Norfolk-based agency which represents Virginia as a partner in The WORLDCOM Group, Inc., the world's largest network of independent public relations agencies.
The HRCA's public relations efforts will emphasize and promote educational advancement of its own members and the community through internal initiatives and programs for the general public.