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.
Rachel Weinrib, Esq.
Rachel Weinrib, member of Kirschenbaum & Kirschenbaum's (Garden City, N.Y.) health care department, regularly represent chiropractors nationwide in Medicare Recovery Audit Contractor audit defense. For questions regarding a Medicare or third-party payor issue, or a general health care question, contact Ms. Weinrib at (516) 747-6700, ext. 317, rweinrib@kirschenbaumesq.com.