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.
New Boy Scouts Policy Prohibits DCs From Performing Physicals
The Boy Scouts of America (BSA) recently implemented a policy that does not allow doctors of chiropractic to provide the mandatory BSA physical. The American Chiropractic Association is currently working with other chiropractic organizations to provide BSA with additional information regarding the educational credentials of DCs and their ability and licensure to perform physicals.
If you or your affected patient(s) would like to comment to BSA directly regarding this policy change, please contact the local BSA council or call the BSA main office at 972-580-2000. If you would like your comments included in ACA's correspondence to BSA, please forward them to insinfo@acatoday.org.
Source: American Chiropractic Association.