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.
Kim Khauv, DC, MPH
Dr. Kim Khauv is the membership chair for the Chiropractic Health Care section of the APHA. He received his chiropractic degree from Life Chiropractic College West and his master's in public health from the University of California, Los Angeles. Dr. Khauv currently lives and works in San Diego. Contact him with membership questions at drkkauv@gmail.com.