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.
Karen Silberman, CAE
Karen Silberman joined the ACA as its new executive vice president in October 2016, after serving for four years as executive director of the Federal Bar Association. Before that, she served as executive director at both the Society for Human Resource Management Foundation and the National Coalition for Promoting Physical Activity. Contact her at EVP@acatoday.org.