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.
Timothy Perenich, MA, DC
Dr. Timothy Perenich is a graduate of National University of Health Sciences. He also has BS in psychology, a BA in theology, and an MA in religion. He currently practices in Clearwater, Fla., and can be contacted with questions and comments at tp161@hotmail.com.