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.
Steven Brown, DC, LAc
Dr. Steven Brown attended law school at California Western School of Law in San Diego; then decided on a career in chiropractic instead after having success with chiropractic treatment of sports injuries. He completed his DC degree and an acupuncture certification in 1994 at Logan University. Dr. Brown practices in Tempe, Ariz. (www.brownchiro.com) and is a faculty associate in the Kinesiology Department of Arizona State University, teaching functional anatomy, and kinesiology & exercise physiology.