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.
Alan Palmer, DC, CCST
Dr. Alan Palmer graduated from Northwestern College of Chiropractic in 1985. He is the longtime chiropractor for the Arizona Diamondbacks (Major League Baseball) and has served in various capacities with other athletic teams over the years. He is the founder of the Chiropractic Association for the Care of Elite and Professional Athletes and co-founder of the United States Sports Chiropractic Federation. Dr. Palmer is also the author of the free e-book 1200 Studies – Truth Will Prevail, which includes thousands of studies that contradict what the public is being told about the safety and efficacy of vaccines. It has easy search and navigation features with links directly to the article abstracts on PubMed or the source journal, and can be downloaded at www.1200studies.com."