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.
In Case You Were Wondering About COCSA ...
Many doctors read our article in the January 3, issue of "DC" and were excited to learn that such that such an organization even existed! Since then, we have been besieged with calls from doctors and associations seeking more information. All inquiries should be directed to:
Robert H. Davis,
Executive Director
COCSA
P.O. Box 7458
Alexandria, Virginia 22307
(703) 360-2554
They will be happy to answer any questions you may have.