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.
Standard Process President Receives Honorary Degree From National
Charles DuBois, president of Standard Process Inc., has received an honorary doctorate from National University of Health Sciences. DuBois, the commencement speaker for the spring 2009 NUHS graduating class, received the honorary degree for his continuous support of chiropractic and its future.
Since becoming Standard Process' president in 1995, DuBois has made significant contributions to chiropractic. Through the company, he has provided funding for endowed nutrition chairs and scholarship programs, supplied products to college clinics, contributed financially to campus renovations for many of the chiropractic schools and is a board member of several chiropractic associations.
In presenting the award, NUHS President James Winterstein, DC, thanked DuBois for his hard work and "commitment to whole health healing, to the support of human nutrition and to the university."
Source: Standard Process, Inc.