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.
Michael Flynn, DC
Dr. J. Michael Flynn former state-association president, two-time president of the Louisiana Board of Examiners, and ACA chairman of the board, has served as a member of the Foundation for Chiropractic Progress board since its inception. He is the current president of the WFC.