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.
Anthony Onorato, DC, MBA
Dr. Anthony Onorato is the associate director of clinical education at the University of Bridgeport, School of Chiropractic. He is supervising attending physician for all clinical services. He is also an associate professor of clinical sciences at Bridgeport and currently teaches physical diagnosis. Dr. Onorato was the associate dean of chiropractic at the U of B College of Chiropractic, for 20 years. He directed the entire academic program and was responsible for the initial and continued accreditation of the program by the Council on Chiropractic Education (CCE) during his tenure. He also was a counselor for the CCE.