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 Olson, DC
Dr. Mike Olson, a 2011 Palmer College of Chiropractic graduate, joined Bigfork Valley Hospital in May. According to Dr. Olson, he has been "blown away" by how the hospital has accepted him and chiropractic care, including providing tables and adjusting tools, training staff to handle chiropractic billing, and allocating funds for continuing education. Contact him with questions and comments via e-mail at hmolson29@gmail.com.