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.
Keith Charlton, DC, MPhil, MPainMed
Dr. Keith Charlton, a 1975 graduate of National College of Chiropractic, practices in Brisbane, Queensland (Australia). Over the years, he has held membership in various chiropractic associations and been active on a political level, including serving as president of the Queensland Branch of the Chiropractors' Association of Australia, during which time he helped secure legislative recognition for the profession in Queensland. He is a member of the editorial boards of Chiropractic & Osteopathy and the Journal of Chiropractic Humanities, and previously served on the boards of several other peer-reviewed journals including JMPT and the Chiropractic Journal of Australia.