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.
Matthew Levy, MD
Dr. Matthew Levy is a board-certified orthopaedic surgeon who has practiced general orthopaedics in the Greater Cleveland area for 25-plus years. He served his residency at Mount Sinai Medical Center before serving a one-year fellowship in sports medicine at Rush Presbyterian St. Luke’s Medical Center in Chicago. He has served as team physician for a number of local high schools, as well as a number of local professional franchises. Dr. Levy is a member of multiple physician organizations. He is most proud of his membership in the Academy of Medicine of Cleveland and Northern Ohio, where he served as president from 2016-2017. He is currently affiliated with Crystal Clinic Orthopaedic Center in Fairlawn, Ohio.