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.
J William Beakey, OMD
J. William Beakey is a licensed doctor of Oriental medicine, researcher and the founder and director of Professional Co-op, a laboratory service that exclusively serves licensed clinicians. For more information, visit www.ProfessionalCo-op.com.