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.
Alex Vasquez, DC, ND, DO
Dr. Alex Vasquez is a 1996 graduate of Western States Chiropractic College (Doctor of Chiropractic) 1999 graduate of Bastyr University (Doctor of Naturopathic Medicine), and 2010 graduate of University of North Texas Health Science Center, Texas College of Osteopathic Medicine (Doctor of Osteopathic Medicine). A prolific author with more than 70 published articles/papers and five books to his credit, Dr. Vasquez's two most recent texts are Chiropractic and Naturopathic Mastery of Common Clinical Disorders and Chiropractic Management of Chronic Hypertension; excerpts from the latter will be published as articles in DC in the coming months.