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.
News in Brief
Dr. Saboe Speaks at National Summit
Dr. Vern Saboe, lobbyist for the Oregon Chiropractic Association and DC columnist, discussed the Oregon Health Plan experience at the 3rd Annual Summit on Balanced Pain Management last December.
Dr. Saboe said he "reviewed the process that led to OHP now covering common back and spinal pain conditions and non-pharmacologic treatments in hopes of reducing opioid narcotic use and costly spinal surgeries; and covered how Oregon's initial development of evidence-based back treatment guidelines led to coverage of integrated pain care combining standard medical care with chiropractic, acupuncture, cognitive behavioral therapy, yoga, intensive rehabilitation, massage therapy, and/or supervised exercise therapy.'
To learn more about Dr. Saboe and his involvement in Oregon health care, access a complete biography and previous articles on his columnist page.
New EVP at the NBCE
Dr. Normal Ouzts Jr. has been named new executive vice president of the National Board of Chiropractic Examiners. A longtime member of the NBCE board, he vacates his position as District V director to assume the EVP role. As of press time, the board is seeking a replacement for the District V directorship.