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.
Greg Fors, DC, DABCN
Dr. Greg Fors, DC, is the Chief Science Consultant for Biospec Nutritionals, a board-certified chiropractic neurologist (IBCN), certified in Applied Herbal Sciences (NWHSU) and acupuncture. As the clinic director of the Pain and Brain Healing Center in Blaine, Minnesota, he specializes in a natural biomedical approach to fibromyalgia, fatigue, depression, autism and ADHD.