© 2023 MJH Life Sciences™ and dvm360 | Veterinary News, Veterinarian Insights, Medicine, Pet Care. All rights reserved.
Tax season tips for veterinary professionals
Join Dr Adam Christman and Isaiah Douglas, MBA, CFP, CEPA, as they talk all things taxes
Subscribe to The Vet Blast Podcast on Apple Podcasts, Spotify, or wherever you get your podcasts.
Tax season can be a draining and stressful time in the lives of veterinary professionals. On this episode of The Vet Blast Podcast, host Adam Christman, DVM, MBA, sits down with Isaiah Douglas, MBA, CFP, CEPA, as they discuss tax season from the veterinary perspective and what it means for practice owners, students, relief veterinarians, and more.
Below is a partial transcript. Listen to the full podcast for more.
Isaiah Douglas, MBA, CFP, CEPA: I think practice owners first and foremost, you know, both of us, we're not CPAs. We don't play them on a podcast, on TV, on anything else. Right? I think they're worth their weight in gold to have a really good CPA that's going to help come alongside, especially those within veterinary medicine that get the business. So if anyone needs good advice and guidance on that, I'm happy to make some referrals, there's great folks. But yeah, for practice owners, you have the ability as a business owner, to write off a lot more expenses, and so you can net pay less in taxes. And so I think there's kind of 3 key really good suggestions that folks can take to their CPA and be asking about, and so I'm going to kind of highlight 3 and then I'll go back through them.
