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.
Curtis Turchin, MA, DC, DACBN, DCBCN
Dr. Curtis Turchin received his undergraduate degree in biomedical sciences from the University of Southern California, a master's in education from San Francisco State University and a doctorate in chiropractic from Palmer College. He was director of clinical sciences for the company that developed the first FDA-cleared light device, and is now president of Apollo PT Products. Dr. Turchin is the author of Light and Laser Therapy and Treating Addictions With Laser Therapy, and has authored numerous articles in research and other publications.