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.
Mario Spoto, DC
Dr. Mario Spoto, a graduate of Palmer College of Chiropractic, is past president of the Pennsylvania Chiropractic Association. He was elected chair of the ACA Board of Governors at the association's annual House of Delegates meeting earlier this year.