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.
Tom LaFountain, DC
Dr. Tom LaFountain has been a member of the Professional Golfer's Association (PGA) sports medicine team since 1997 and is the founder of Professional Sports Care. Dr. Tom LaFountain has provided chiropractic / sports medicine services at over 235 PGA tournaments including 15 Masters tournaments; 14 PGA Championship events; 14 U.S. Opens, seven Ryder Cups, and six President Cup events. Dr. Tom LaFountain's overall treatments and evaluations on PGA golfers has exceeded 12,000 visits. He is currently the president of Professional Sports Care, the provider of chiropractic services for PGA and Champions Tour players, a position he has held since 1997.