Don't Get Taxed to the MAX: Tax Strategies for Entrepreneurial Pharmacies

Saturday, October 15, 2016
4:45 – 5:45 p.m.
Ernest N. Morial Convention Center
ACPE UAN: 0207-0000-16-113-L04-P and 0207-0000-16-113-L04-T
1.0 contact hours (0.1 CEUs)

No one likes paying Uncle Sam, but unfortunately, many pharmacy owners pay more than they are legally required to pay. If you're like most pharmacy owners, you fall into the top federal tax rates of 39 percent plus state tax rates. With cash flow tight in many pharmacies, the strategies discussed in this course may be something you can take advantage of in your pharmacy.

Pharmacist and Pharmacy Technician Learning Objectives:

  1. Discuss applicable tax rates for your pharmacy and appropriate business operations deductions.
  2. Evaluate deductions and rules reviewed as they apply to your pharmacy taxes.
  3. Develop a plan for your business in the coming tax season to prevent overpaying in taxes.

Speakers: Ollin Sykes, CPA.CITP, CMA, president, Sykes & Company, PA, Edenton, North Carolina; Scott Sykes, CPA, Sykes & Company, PA Edenton, North Carolina

Categories:

Activity Type: Application-based

Audience: Pharmacists and Pharmacy Technicians


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