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.
Jeff Wisdo, JD, DC
Dr. Jeff Wisdo is an Iowa-based attorney and member of the Iowa State Bar Association. Dr. Wisdo's almost 20 years of active chiropractic experience play a large role in helping chiropractors and clinics implement effective compliance programs throughout the country. He currently oversees CompliantDC.com and consults with third-party DMPO organization Apex Longevity (www.ApexLongevity.com)."