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.
CCR Receives Research Donation
At the recent Marin County Chiropractic Society meeting, Moses Jacob, D.C., presented a $500 check to Dr. Kurt Hegetschweiler for the Consortium for Chiropractic Research (CCR). The donation came from Diagnostic Imaging Services of California (DISC), a newly founded company that provides state-of-the-art MRI for the chiropractic patient.
DISC has committed itself towards assisting chiropractic research and plans to make future donations at regular intervals.