Blogs

Chiropractor owner compensation is not just a personal finance question. It is a tax planning question with real dollar consequences every year.

A growing healthcare practice can be generating strong revenue while quietly losing $50,000 to $150,000 per year to controllable profit leaks.

The Breakaway Growth Accelerator (BGA) is a financial advisory program for dental practice owners who have stable books and are ready to stop leaving money on the table.

Reactive tax filing and proactive tax strategy both produce a tax return, but they can produce very different tax bills and very different relationships with your money.

I was talking to a chiropractor who had just crossed $1.2 million in revenue.

Physician practice owners who operate as S-Corporations have a significant tax planning opportunity in how they structure their own compensation.

Switching accounting firms doesn’t have to be stressful. Learn how to make a smooth transition with minimal disruption to your business.

If your tax bill in April felt like a number that came out of nowhere, the problem is not your tax rate or your accountant’s math.

A healthy veterinary practice typically runs a net profit margin between 10 and 25 percent, depending on specialty, with top performers reaching 25 to 30 percent.

The best way to reduce business tax audit risk is to keep clean books, document deductions at the time of purchase, and make sure your tax return tells the same story as your financial records.

Production per visit is the average value of services you performed per patient appointment. Collections per visit is how much of that value you actually received.

A healthy chiropractic practice runs total overhead at or below 50 percent of revenue. Topperforming practices get that number under 44 percent. If your practice is running at 58 or 60 percent, you are working…

It’s one of the most common and confusing situations practice owners face: the P&L shows a profit, the accountant says the year was solid, and yet the bank account feels permanently tight. This isn’t a…

A dental practice P&L tells you one thing: did your practice make money over a specific period, and where did that money come from and go?

Medical practice overhead ranges significantly by specialty, but most independent practices run between 55 and 65 percent of revenue in total overhead.