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 Kemp, PhD, RD
Dr. Michael Kemp, a graduate of the University of Arizona with a PhD in nutritional science, and also a registered dietitian, is the manager of research & development at a dietary supplements company, studying the synergistic relationship of nutrients in whole foods to gain understanding of how whole-food supplements can support human health.